Intel (INTC) stock has surged post-earnings, reaching a new all-time high of $133.05. The company's stock has risen more than 225% so far in 2026, with a 445% increase over the past year. Intel's Q1 results showed revenue of $13.6 billion, $1.4 billion above the midpoint of its own guidance, and earnings per share of $0.29 against a guidance of breakeven. Yields on Intel’s most advanced chip-making process, 18A, are now running ahead of internal projections. In April, Intel bought back the 49% stake in its Fab 34 facility in Ireland for $14.2 billion, giving Intel full ownership of one of Europe's most advanced semiconductor fabs. The deal was funded with roughly $7.7 billion in cash and $6.5 billion in new debt.