Intel Reports Q3 Earnings, Stock Rises Despite Losses

Reported 26 days ago

Intel's Q3 earnings report shows a revenue beat of $13.28 billion but a loss of $0.46 per share, prompting the stock to rise over 8% following positive guidance for Q4. Despite facing challenges such as impairment charges and a downturn in PC chip sales, the company announced new partnerships and a strong performance in its data center and AI segment.

Source: YAHOO

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