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Intel Stock Rises On Big Third-Quarter Earnings Beat
Investorsยท 2025-10-23 21:14
Chipmaker Intel (INTC) late Thursday smashed Wall Street's targets for the third quarter, though its fourth- quarter guidance missed views. Intel stock surged in extended trading. The Santa Clara, Calif.-based company earned an adjusted 23 cents a share on sales of $13.65 billion in the September quarter. Analysts polled by FactSet had expected earnings of 2 cents a share on sales of $13.17 billion. In the year-earlier period, Intel lost 46 cents a share on sales of $13.28 billion. For the current quarter, ...