Overview
- Intel posted revenue of about $13.65 billion and adjusted earnings of $0.23 per share, with net income of $4.1 billion as PC sales rose 5% and data center revenue slipped 1%.
- The company guided fourth-quarter revenue to $12.8 billion–$13.8 billion with adjusted EPS of $0.08, as the CFO said demand is outpacing supply and could remain tight into 2026.
- Intel reported major capital additions including a 10% U.S. government stake for $8.9 billion, Nvidia’s $5 billion investment, and SoftBank’s $2 billion, plus $5.2 billion from Altera and Mobileye stake sales.
- Intel disclosed unusual accounting for the government stake, noted it sought SEC input during a shutdown, and warned results could be revised after further review.
- Fab 52 in Arizona is operational with 18A yields progressing, yet Intel Foundry’s $4.2 billion in sales were down 2% and entirely internal as outside customer commitments remain limited; shares jumped after hours, extending a roughly 2025 surge.