Intel surges in data center AI but stock plunges on weak PC outlook

Intel's Q3 revenue rose 21% to $16.5 billion with data center sales up 78% to $7.3 billion on AI server demand, but its stock plunged over 20% as weak guidance, rising memory prices, and a collapsing PC business weighed; management sees the server CPU market growing to $200 billion in five years.

2026-10-30 ~ 2026-10-30 · 4 related posts

• Intel data center revenue jumps 78% to $7.3bn, strongest growth in 15 years — BenBajarin · 2026-10-30
• Intel earnings call: server CPU TAM seen 5x to $200B+, chip shortage into 2028 — ryanshrout · 2026-10-30
• Intel shares plunge 20% as AI-driven memory shortage hurts its PC chip business — pstAsiatech · 2026-10-30
• Intel down 23% post-earnings: AI server demand booms while PC business collapses — tengyanAI · 2026-10-30