Intel reported better-than-expected earnings for Q3 with a 21% revenue increase to $16.51 billion, driven by strong data center and AI growth. However, the company issued a weak Q4 forecast due to ongoing softness in the global PC market, expecting revenue between $15 billion and $16 billion and EPS of 25 cents, below analyst estimates. Intel's CFO highlighted that the PC slowdown will likely continue through the first half of next year, though the company remains optimistic about broader growth opportunities. Intel's stock has surged 150% this year but fell in October amid concerns about AI investment scale.
Intel stock dropped sharply by 19.89% on Pluang as of Oct 30, 2026 03:21 WIB, reflecting investor reaction to the weak guidance. The stock trades at USD 76.53, down from a 52-week high of USD 140.94. Despite the drop, the market cap remains strong at $504.98 billion with active trading volume of over 81 million shares.
Intel shares dropped 4% ahead of its Q3 2026 earnings report, pressured by a setback in its foundry business and weak Big Tech results. Terafab's talks with Taiwan Semiconductor undermine Intel's foundry ambitions, which still operates at a loss desp...
Intel's stock fell 24% over the past month, dropping below $100 after a strong rally earlier in 2026. Despite a 154% gain year-to-date, concerns about AI spending and losses in its foundry business weighed on the stock. Intel's recent $2.3 billion ac...
Intel announced it will acquire Israeli quantum computing software firm Classiq for about $2.3 billion, aiming to combine Classiq's software with Intel's hardware expertise to build a comprehensive quantum computing business. This move supports Intel...
NVIDIA's Vera CPU is already shipping to major hyperscalers, with management expecting CPU revenue to more than double in fiscal 2028. This growth threatens AMD and Intel, who have long dominated the server and PC CPU markets. NVIDIA's Grace CPU has ...
Intel Corporation is rated a Buy at $85-86 due to improving fundamentals and a turnaround in its foundry business. The DCAI segment margins jumped from 16% to 39.5% year-over-year, driven by CPU shortages and strong pricing amid rising AI demand. Fou...
