Here's how much Trump is up on Intel following its Q3 earnings report

Core Insights - Intel reported third-quarter earnings of $13.7 billion, marking a 3% year-over-year increase, attributed mainly to cost-cutting measures implemented in September [1][6] - The earnings report follows significant investments from Nvidia and a substantial U.S. government stake, enhancing investor confidence [2][3] - Intel's stock has seen a notable increase, rising from $24.80 to $41.35, reflecting a nearly 67% gain for the Trump Administration's investment in just two months [3][5] Financial Performance - The company achieved a net income of $4.1 billion, a significant recovery from a $16 billion loss in the same quarter last year [6] - Adjusted earnings per share (EPS) improved to $0.23, reversing a loss of $0.46 during the same quarter in 2024 [6] - For Q4, Intel projects an EPS of $0.08 and revenue of approximately $13.3 billion, excluding potential revenue from the partially divested Altera subsidiary [9] Strategic Initiatives - Under CEO Lip-Bu Tan, Intel has undertaken extensive restructuring, including layoffs affecting 15% of its workforce, to enhance competitiveness [6] - The demand for Intel's x86 processors, crucial for the AI sector, has contributed to the revenue growth [7] - The company aims to leverage its industry-leading CPUs and U.S.-based manufacturing capabilities to capitalize on emerging opportunities in the AI market [8] Operational Challenges - Intel Foundry Services (IFS) reported an operating loss of $2.3 billion, slightly above projections but an improvement from a $5.8 billion loss a year earlier [10]