Intel Corporation's stock fell sharply after the company issued disappointing guidance for Q4 revenue and earnings per share, despite beating analyst expectations on both top and bottom lines. The weak outlook was attributed to ongoing PC market weakness and a significant shutdown at an Israeli manufacturing plant. However, Intel's data center business showed strong 78% year-over-year growth, nearly matching the PC segment before supply chain issues slowed progress. The stock is rated a Hold until supply chains improve and U.S. manufacturing capacity can support renewed growth.
As of Oct 30, 2026 08:02 WIB, Intel Corporation's stock trades at USD 70.70 on Pluang, down sharply by 25.99% in one day. Despite the recent challenges highlighted in the news, the stock still attracts a balanced interest with 60% of Pluang users buying and 40% selling. The company's market capitalization stands at $504.98 billion, reflecting its significant presence in the technology sector.
Intel's stock is falling significantly due to a slowdown in the personal computer market, which has caused the company to lower its revenue forecast for the December quarter. Intel now expects revenue between $15 billion and $16 billion, below analys...
Intel reported better-than-expected earnings for Q3, driven by strong revenue growth in its data center and foundry units. However, its consumer business declined and foundry losses remain high. The company issued weak guidance for Q4, forecasting a ...
Intel reported Q3 revenue of $16.5 billion and adjusted EPS of $0.52, beating expectations on top-line but showing an 18% drop in GAAP net income year-over-year due to profit pressures. Growth in data center and foundry segments was offset by weaknes...
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 r...
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...
