Intel guides weak on Q4, stock plunges 21.92% after hours
jd_pressman · x · 2026-10-30
An investor is dumping most Intel shares after a dismal earnings call: Q3 delivered $16.5B revenue and $0.52 adjusted EPS, but Q4 guidance of $15-16B badly missed Street expectations of $17.1B, with EPS seen falling to $0.25. The stock dropped 21.92% after hours to $71.89, with the author arguing Intel is fumbling one of the industry's biggest opportunities despite progress under Lip-Bu Tan.
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