Sou Hu Cai Jing·2025-10-24 06:21Core Insights - Intel reported Q3 2025 revenue of $13.65 billion, marking a 2.8% increase and the first year-on-year growth in a year and a half, exceeding analyst expectations [1] - The net profit reached $4.27 billion, a significant turnaround from a loss of $17 billion in the same period last year, achieving profitability for the first time since the end of 2023 [1] - Gross margin stood at 40%, also surpassing expectations, indicating a strong recovery in financial performance [1] Company Performance - Intel's revenue, profit, and gross margin all exceeded expectations, suggesting a significant recovery for the company [3] - The current CEO, Pat Gelsinger, has been credited with implementing major reforms, including divesting unprofitable businesses and securing funding from the U.S. government, Nvidia, and SoftBank, while also focusing on AI and adjusting the foundry business [3] Industry Context - AMD, another major player in the CPU market, also experienced a turnaround under the leadership of a Chinese CEO, Lisa Su, who took over in 2014 when the company was struggling [5] - Lisa Su implemented significant reforms at AMD, including cutting unprofitable projects and laying off non-contributing employees, while also developing competitive products like the Zen architecture and partnering with TSMC for advanced manufacturing processes [7] - AMD's market share has been steadily increasing, with projections indicating it may catch up to Intel in the server CPU market by 2025 [9]