{
  "id": 17133607,
  "title": "Earnings call transcript: Intel beats Q3 2026 estimates, but stock sinks",
  "url": "https://urgent.news/2026/10/29/earnings-call-transcript-intel-beats-q3-2026-estimates-but-stock-sinks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T22:21:20.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-intel-beats-q3-2026-estimates-but-stock-sinks-93CH-4985498"
  },
  "original_language": "en",
  "account": "Intel reported better-than-expected Q3 2026 earnings but saw its stock plunge after hours. The company posted adjusted earnings per share of $0.52, exceeding forecasts, as revenue of $16.5 billion slightly beat estimates. The data center and AI businesses drove the growth, with revenue up 17% and 80% year-over-year, respectively. However, Intel's PC business struggled due to memory shortages and weaker demand, leading to a 9% sequential decline in client computing revenue. The company's foundry business also faced challenges, with a $300 million hit from a factory shutdown in Israel. Despite the mixed results, Intel's data center and AI segment remained a bright spot, with AI PCs contributing to growth. Management attributed the company's turnaround progress to significant operational restructuring and a refined product roadmap. Intel's market capitalization stood at $483.68 billion, with a year-to-date return of 149.54%. However, the stock dropped sharply by 20.87% after hours, reflecting investors' concerns about the weaker outlook for the upcoming quarters.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}