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Core Insights - The Trump administration is negotiating with U.S. quantum computing companies for equity stakes in exchange for federal funding [1][2] - Companies involved include IonQ Inc., Rigetti Computing, and D-Wave Quantum, with discussions led by U.S. Deputy Commerce Secretary Paul Dabbar [2][3] - Funding awards are expected to start at $10 million each, with other firms like Quantum Computing Inc. and Atom Computing considering similar arrangements [3] Government Involvement - The U.S. government previously acquired nearly a 10% stake in Intel by converting $9 billion in grants into equity [5] - The Department of Defense gained a roughly 15% stake in MP Materials, potentially making it the largest shareholder [6] Industry Developments - Microsoft has demonstrated advancements in practical quantum computing, indicating that significant breakthroughs may occur in the near future [7] - Other major players like Google and IBM are also reporting accelerated progress in quantum computing technology [7]

Core Viewpoint - Intel's stock rose over 8% after reporting third-quarter earnings that exceeded market expectations, indicating positive momentum in the company's financial performance [1] Financial Performance - The company reported third-quarter revenue of $13.65 billion, representing a year-over-year increase of 2.8% [1] - Adjusted gross margin for the third quarter was 40%, surpassing market expectations of 36.1% [1]

Welcome back to Market on Close. I'm Marley Kaden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close out our show how we always do with some final thoughts on this session.Oil prices spiking after the Trump administration announced new sanctions on Russia's two largest energy companies. That move sparked fears of tightened global supply, sending crude briefly above some recent highs. Analysts telling us they say the sanctions could keep the energy markets volatile as traders gau ...

Chipmaker Intel (INTC) late Thursday smashed Wall Street's targets for the third quarter, though its fourth- quarter guidance missed views. Intel stock surged in extended trading. The Santa Clara, Calif.-based company earned an adjusted 23 cents a share on sales of $13.65 billion in the September quarter. Analysts polled by FactSet had expected earnings of 2 cents a share on sales of $13.17 billion. In the year-earlier period, Intel lost 46 cents a share on sales of $13.28 billion. For the current quarter, ...

After years of selling the idea of a comeback, Intel finally sold something else: chips. The company’s third-quarter results showed real growth for the first time in recent memory, though credibility remains its most elusive product. Intel reported $13.7 billion in revenue for the quarter, a 3% increase from a year ago and ahead of Wall Street’s expectations. Gross margin improved to about 40%, up sharply from last year’s 18%, while net income returned to the black with $4.1 billion in profit after a stee ...

to Intel. Those shares are higher in overtime by more than 6%. The company topping revenue estimates beat in their product segment, but missed in the foundry business.The AIPC unit also up double digits. Joining me now is Matt Bryson, semiconductor and hardware research analyst at Wedbush. He's got a neutral rating on Intel.Uh Matt, I'm looking at the gross margins here, which have had been an issue for investors uh until the federal government bought in. I mean, given that it's uh chasing uh this demand is ...

Core Insights - Intel's shares have increased by over 6% in after-hours trading, driven by revenue estimates that exceeded expectations in their product segment, although the foundry business did not perform as well [1] - The company is experiencing improved end markets, particularly in AI and server demand, which is positively impacting their Xeon product sales [4][6] - Despite the positive market conditions, Intel's gross margins remain under pressure due to supply chain challenges and the need to optimize their fabrication facilities [2] Financial Performance - The Client Computing Group, which includes PCs, saw a year-over-year revenue increase of 5% [6] - The Data Center and AI Group experienced a slight decline of 1%, indicating potential market share loss to competitors like AMD [7] Market Outlook - The PC market outlook has shifted from flat growth to mid-single-digit growth, reflecting stronger demand [3] - Intel's upcoming Panther Lake product, set to ship next quarter, will provide insights into their 18A foundry process and overall execution against competitors [6] - The company's future success may hinge on the effectiveness of its foundry strategy and its ability to attract more customers while competing with AMD [5]

Intel could face heightened expectations heading into its third-quarter earnings, after a torrid rally in recent months on the heels of high-profile deals. https://t.co/HMe50GcAxl ...

Q3 2025 Financial Performance - Revenue increased by 2.8% year-over-year, exceeding July outlook by $0.6 billion[12] - Non-GAAP gross margin increased by 22.0 percentage points year-over-year, exceeding July outlook by 4.0 percentage points[12] - Non-GAAP EPS increased by $0.69 year-over-year, exceeding July outlook by $0.23[12] GAAP EPS was $0.90, up $4.78 year-over-year[12] - GAAP gross margin was 38.2%, up 23.2 percentage points year-over-year[12] - Q3'25 revenue was $14.3 billion, compared to $13.3 billion in Q3'24[14] - Q3'25 non-GAAP operating income was $1.5 billion, compared to a loss of $2.4 billion in Q3'24[14] - Q3'25 GAAP operating income was $0.7 billion, compared to a loss of $9.1 billion in Q3'24[14] Segment Performance - PC segment revenue was $7.6 billion with a segment operating margin of 31.6%[18] - Data Center and AI (DCAI) segment revenue was $4.1 billion with a segment operating margin of 23.4%[20] - Foundry segment revenue was $4.7 billion with a segment operating margin of -54.8%[23] - All Other segment revenue was $943 million with a segment operating margin of 10.1%[27] Outlook - Q4 2025 revenue is projected to be between $12.8 billion and $13.8 billion[33] - Q4 2025 gross margin is expected to be 36.5%[33] - Q4 2025 EPS is projected to be $0.08[33]