Intel CEO Lip-Bu Tan outlined the company's AI strategy on its Q1 2026 earnings call, arguing that inference and agentic workloads will restore CPUs to the center of compute. Intel reported $13.6 billion in Q1 revenue, with AI-driven lines accounting for 60% — up 40% year-on-year. Key wins include Xeon 6 being selected as the host CPU for Nvidia's DGX Rubin NVL8 systems and a long-term IPU co-development deal with Google. Intel's CFO noted that the CPU-to-GPU ratio shifts favorably toward CPUs as workloads move from training to inference and agentic tasks. Intel's 14A process node is expected to attract design commitments in H2 2026. The stock rose up to 20% in after-hours trading.
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