Xin Lang Cai Jing·2025-10-24 05:04Core Viewpoint - Intel has provided an optimistic revenue outlook driven by a recovery in personal computer demand, boosting confidence in the company's turnaround efforts [1][2] Group 1: Revenue Outlook - Intel expects fourth-quarter revenue to be between $12.8 billion and $13.8 billion, with a midpoint of $13.3 billion, slightly below analysts' average estimate of $13.4 billion [1] - The revenue forecast does not include income from Intel's recently spun-off business unit, which may have influenced some analysts' predictions [1][2] Group 2: Stock Performance - Intel's stock price closed at $38.16 on October 23, with a nearly 7% increase in after-hours trading following the earnings outlook [1] - The stock has surged approximately 90% year-to-date, ranking among the top performers in the Philadelphia Semiconductor Index [1] Group 3: Financial Performance - Intel achieved quarterly profitability for the first time since the end of 2023, reporting a third-quarter earnings per share of $0.23, significantly above the analysts' average estimate of $0.01 [2] - Revenue for the third quarter grew by 3% to $13.7 billion, exceeding expectations [2] Group 4: Business Developments - The recent spin-off of Intel's programmable chip division, Altera, has reduced the fourth-quarter revenue forecast by approximately $400 million to $500 million [2] - Intel's CFO, Dave Zinsner, indicated that excluding Altera's revenue, the company's outlook would appear more favorable compared to market estimates [2]