Intel Q3 Earnings Preview: AI Partnerships and Foundry Challenges in Focus
Intel Corporation prepares to report third-quarter earnings amid a 90% stock surge this year, fueled by strategic deals with SoftBank and Nvidia. The chipmaker's foundry business remains under scrutiny due to production delays and next-gen technology uncertainty.
Analysts project near-breakeven earnings of $0.01 per share, a dramatic improvement from last year's $0.46 loss. Revenue is expected to edge up 0.97% to $13.15 billion, with investors keen for updates on cost-cutting measures and AI chip development timelines.
KeyBanc's top-rated analyst maintains a neutral $35 price target, reflecting cautious Optimism as Intel navigates tariff impacts and competitive pressures in semiconductor manufacturing.