Intel Stock Soars as Chipmaker Swings to a Profit

Core Insights - Intel has returned to profitability, with shares surging after reporting earnings that exceeded analysts' expectations [1][2][3] Financial Performance - Intel reported adjusted earnings of 23 cents per share for Q3 2025, a significant improvement from losses in the previous quarters and above the expected 2 cents per share [2] - Revenue increased by 3% year-over-year to $13.7 billion, surpassing projections [2] Strategic Developments - The company has undergone major restructuring, appointed a new CEO, and secured high-profile deals, including a 10% stake from the U.S. government, indicating progress in its turnaround efforts [3][4] - CEO Lip-Bu Tan highlighted that the results reflect "steady progress" and increased demand for AI products, creating new opportunities [4] Future Outlook - Intel anticipates adjusted earnings of 8 cents per share for Q4, with revenue expected between $12.8 billion and $13.8 billion, aligning with analysts' forecasts [6] - The stock has seen a remarkable increase of 90% for 2025, driven by a series of strategic deals and positive market sentiment [1][6]