Intel — Jul 23, 2026 release

▪ Intel and Google Cloud expanded their multi-year strategic collaboration to scale AI capabilities across Intel’s workforce and strengthen existing workflows as part of Intel’s AI-powered transformation. Business Outlook Intel's guidance for the third quarter of 2026 includes both GAAP and non-GAAP estimates as follows: Q3 2026 GAAP Non-GAAP Revenue $15.8-16.8 billion Gross margin 41.0% 42.0% Tax Rate 1% 11% Earnings (Loss) Per Share Attributable to Intel—Diluted $0.31 $0.38 Reconciliations between GAAP and non-GAAP financial measures are included below. Actual results may differ materially from Intel’s business outlook as a result of, among other things, the factors described under “Forward-Looking Statements” below. The gross margin and EPS outlooks are based on the midpoint of the revenue range. Earnings Webcast Intel will hold a public webcast at 2 p.m. PT today to discuss the results for its second quarter. The live public webcast can be accessed on Intel's Investor Relations website at www.intc.com. The corresponding earnings presentation and webcast replay will also be available on the site. Forward-Looking Statements This release contains forward-looking statements that involve a number of risks and uncertainties. Words such as "accelerate", "achieve", "aim", "ambitions", "anticipate", "believe", "committed", "continue", "could", "designed", "estimate", "expect", "forecast", "future", "goals", "grow", "guidance", "intend", "likely", "may", "might", "milestones", "next-generation", "objective", "on track", "opportunity", "outlook", "pending", "plan", "position", "possible",