Buy price
60.75
60.75
60.6
244.73 B
Information regarding past performance is not a reliable indicator of future performance.
Q3 2026 revenue was $16.5 billion, up 21% year-over-year and in line with estimates. Adjusted EPS of $0.52 beat the $0.40 consensus. Data center and AI revenue rose 78% to $7.3 billion, its fastest growth in 15 years, and foundry revenue rose 58% to $6.7 billion. PC chip revenue fell 5% to $8.1 billion because of a memory shortage.
The Q4 outlook disappointed. Intel guided revenue of $15 billion to $16 billion against $17.07 billion expected, adjusted EPS of $0.25 against $0.43 expected, and a gross margin of 38%. It warned that PC weakness could last into the first half of 2027. The shares fell 28.6% on 30 Oct, their worst day since 1974. The US government owns about 10% of Intel, bought at $20.47 a share last year.
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Intel Corporation
INTC
60.675
FAQ