Intel Returns To Profit With Strong Q3 Results And Upbeat Forecast - video Dailymotion

Skip to player Skip to main content

2 months ago

Intel returned to profit with $13.7B in Q3 revenue and 23¢ EPS, beating estimates. Backed by $15B in new funding, the company projects steady growth into 2026 as shares jumped 8% after hours.

Category

Transcript

Display full video transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Intel returned to profitability in the third quarter and issued an upbeat fourth quarter revenue forecast of about $13.3 billion.

00:08According to Bloomberg, the company's revenue rose 3% to $13.7 billion, exceeding estimates of $13.2 billion.

00:15All adjusted earnings of $0.23 per share beat the expected $0.01.

00:18Intel forecasts fourth quarter sales of about $13.3 billion,

00:22slightly below Wall Street estimates due to the exclusion of revenue from its recently spun-off unit.

00:26CEO Lip Bhutan took over in March, secured $15 million in funding from the U.S. government,

00:32NVIDIA, and SoftBank, helping shares climb 90% this year.

00:36CFO Dave Zinser said PC demand is outpacing supply and could remain strong into 2026.

00:42Shares rose 8% in after-hours trading, following a $38.16 close.

00:46For all things money, visit Benzinga.com.

Be the first to comment

Add your comment

Recommended

PÂNICO TÁ CANCELADO! ALÊ OLIVEIRA SOLTA O VERBO SOBRE CAZÉ, COPA DO MUNDO E GLOBO; VEJA ÍNTEGRA

Pânico Jovem Pan

2 months ago

Budget 2026 : Marine Le Pen qualifie le Parti socialiste d'«opposition en carton-pâte»

2 months ago

Budget 2026: pour Éric Coquerel, président de la commission des finances à l'Assemblée, "le texte va être battu"

2 months ago

Alaska Airlines Restores Flights After System Outage

2 months ago

Trump Ends Canada Trade Talks After Ontario Releases Reagan Ad Criticizing Tariffs

2 months ago

CEO Discovers His 'Useless' Wife Is Actually a Goddess — Now Desperate to Keep Her!

2 months ago

Nvidia Shares To Climb Over $140+ Levels, Says Technical Analyst Ahead Of Q3 Results: '...Will Have To Beat Street Expectations For The Trend To Continue'

1 year ago

Nvidia Now Worth 35x Intel After 16-Year Surge And Valuation Gap Keeps Growing

8 months ago

CoreWeave Beats Q3 Estimates As Revenue Backlog Nearly Doubles

7 weeks ago

AMD Stock Jumps After Chipmaker Sets Ambitious Growth Targets Citing 'Accelerating' AI Momentum

7 weeks ago

Nvidia Down About 10% From All-Time Highs: Prominent Trader Says He Has Cashed Out Of The Stock Barely A Week Ahead Of Earnings And Will 'Decide On Re-entering' Later

1 year ago

Micron Shares Drop 13% After Weak Q2 Guidance Despite Earnings Beat

1 year ago

Nvidia Shares Riding On Huge AI Tailwind, Says Portfolio Strategist: Why Expert Says Stock Will Stay On An Upward Path For Next 2-3 Years

1 year ago

Nvidia Beats Estimates With $46.7B Revenue, Shares Dip on China Sales Risk

4 months ago

Nvidia Insiders Continue To Sell Shares After Hitting All-Time Highs, $1 Trillion Market Cap: What Investors Should Know - $NVDA

3 years ago

Nvidia Q2 Earnings in Focus as Wall Street Watches Closely

4 months ago

Top 5 Stocks To Watch December 2nd, 2025

4 weeks ago

Nvidia Faces Key Test With Q3 Report As Investors Eye AI Growth

1 year ago

CoreWeave Q2 Earnings: Revenue Beat, EPS Miss, 'Continued Momentum' Driven By 'Unprecedented' AI Demand

5 months ago

Nvidia Posts Impressive $30 Billion in Q2 Sales, but Shares Slip 5%. Are Investors Souring on the AI Chip Giant

1 year ago

'This Is As Good As It Gets For Nvidia:' Analyst Says Jensen Huang-Led Chipmaker's Explosive Growth May Have Peaked As NVDA Stock Falls 13% This Year

10 months ago

Stock Market Today: S&P 500, Dow Jones, Nasdaq Futures Plunge As Uber Misses Q3 Estimates—Advanced Micro Devices, Palantir, Denny's In Focus

2 months ago

New York Times Stock Jumps 15% After Strong Q2 Earnings Beat

5 months ago

Nvidia Slumps Nearly 5% In Premarket, Dragging Down Super Micro, Micron And Other Peers: What's Going On?

1 year ago

Nvidia Sees Volatile Trading As Investors Eye Challenges For The AI Chipmaker

1 year ago