"Intel (Nasdaq: INTC) reported Q3 earnings after the bell, and investors like what they see. Here are the key things to know from earnings. The Good: Adjusted EPS of $.23 beat Wall Street expectations of $.01. Revenue of $13.7 billion also beat expectations of $13.4 billion Intel's Client Computing and Data Center and AI groups both soundly exceeded expectations. Intel's CFO said "Current demand is outpacing supply, a trend we expect will persist into 2026.""
"The Bad: Guidance for next quarter wasn't great. Revenue guidance of $12.8 billion to $13.8 billion is below Wall Street's current expectations of $13.37 billion at the midpoint. EPS guidance of $.08 matches Wall Street's expectations. The company's Foundry unit - which is critical for Intel's rebound - missed estimates. Intel Foundry Revenue reported $4.2 billion in revenue, which is below the $4.5 billion in sales Wall Street expected."
Intel reported adjusted EPS of $0.23 and revenue of $13.7 billion for Q3, both beating expectations. Adjusted gross margin rose to 40.0% and net income increased to $4.1 billion. Client Computing Group revenue improved to $8.5 billion, while Data Center and AI revenue was $4.1 billion. Intel Foundry reported $4.2 billion, below expectations. The company guided Q4 revenue to $12.8–$13.8 billion and non‑GAAP EPS of $0.08, with revenue guidance below consensus at the midpoint. Adjusted operating income and cash from operations improved, and management stated that current demand is outpacing supply into 2026.
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