The post Intel beat Q3 revenue expectations with $13.65 billion, driven by stronger PC x86 processor demand appeared on BitcoinEthereumNews.com.

Intel outperformed Wall Street’s Q3 revenue forecast as demand for its x86 PC processors finally picked back up, according to the earnings report released by the company on Thursday. Intel said it generated $13.65 billion in revenue for the quarter, beating the $13.14 billion that analysts expected. The numbers were released after markets closed, and investors immediately reacted; the stock climbed 6% in after-hours trading. For the quarter, Intel reported a net income of $4.1 billion, or 90 cents per share, a sharp reversal from the $16.6 billion net loss it posted in the same period last year. But that wasn’t the full picture. The company also booked a 37 cents per-share loss tied to an $8.9 billion equity agreement with the U.S. government. That deal was brokered in August by President Donald Trump’s administration, which acquired 433.3 million shares at $20.47 apiece. The shares are currently held in escrow and are expected to be released later. Intel’s third-quarter results were complex. While the official adjusted earnings per share came in at 23 cents, the company noted that the figure wasn’t directly comparable to analyst estimates due to the impact of the U.S. government’s equity stake. David Zinsner, Intel’s CFO, said during the earnings call that “there is limited precedent for the accounting treatment of such transactions.” He also confirmed that Intel had tried to meet with the Securities and Exchange Commission to get a green light on how they booked the deal, but due to the ongoing U.S. government shutdown, there’s been no response from the SEC. Zinsner said future revisions to earnings “are possible.” Intel forecasts softer Q4 as Nvidia alliance moves ahead For the final quarter of the year, Intel said it’s projecting $13.3 billion in revenue at the midpoint, alongside 8 cents in adjusted earnings per…

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Filed under: News - @ October 23, 2025 9:25 pm