Intel’s server growth contrasts with supply disruptions and a heavy investment outlook
Intel ($INTC) reported third-quarter 2026 revenue of $16.5 billion, up 21% from a year earlier. Data Center and AI revenue increased 78% to $7.3 billion, while Client Computing and Physical AI revenue fell 5% to $8.1 billion. GAAP earnings were $0.60 per diluted share, compared with $0.90 a year earlier; adjusted earnings increased to $0.52 from $0.23. For fourth-quarter 2026, Intel forecasts revenue of $15–16 billion and adjusted EPS of $0.25. PC weakness is expected through at least the first
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