Benzinga·2025-10-24 08:43Core Insights - Intel's CEO Lip-Bu Tan expressed gratitude towards President Trump and the U.S. government, emphasizing their role in restoring America's semiconductor dominance [1][2] - The relationship with the federal government is deemed crucial for Intel's turnaround and aligns with national goals of technological independence [3][4] Financial Performance - Intel reported third-quarter revenue of $13.65 billion, a 3% increase year-over-year, surpassing analyst estimates of $13.14 billion [4] - The company's profit for the quarter was $0.23 per share, significantly exceeding consensus figures of $0.01 per share [4] Stock Market Reaction - Following the earnings announcement, Intel's stock rose by 3.36% to close at $38.16 per share, with an additional increase of 8.44% in pre-market trading on the following day [5] - The stock is noted for its strong momentum, scoring high in Benzinga's Edge Stock Rankings [5]