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Intel Stock Soars 12% After Strong Earnings Report, Forecasts Boost
UPDATE: Intel shares have surged more than 12% following a blockbuster earnings report that exceeded expectations, signaling a strong demand for its products. In after-hours trading, Intel’s stock jumped to $41.37, up from $38 at the market close, marking its highest level since March 2024.
The surge follows a 10% increase in after-hours trading, driven by a significant earnings per share (EPS) and revenue beat. Gross margins soared to 38.2%, a remarkable rise from 18% in the previous quarter. Intel’s outlook for the fourth quarter of 2025 is optimistic, forecasting revenue between $12.8 billion and $13.8 billion, despite anticipating a GAAP loss.
“Current demand is outpacing supply, a trend we expect will persist into 2026,” stated Intel CFO in a press release. This statement underscores the robust demand across Intel’s product lines, particularly as the company positions itself to capitalize on the booming artificial intelligence (AI) market.
Intel CEO Lip-Bu Tan elaborated,
“Our Q3 results reflect improved execution and steady progress against our strategic priorities. AI is accelerating demand for compute and creating attractive opportunities across our portfolio.”
He highlighted the company’s commitment to innovation, citing advancements in core x86 platforms, purpose-built ASICs, and foundry services.
The backing from the U.S. government has also fueled optimism around Intel, as it aims to transform into a leading semiconductor foundry. Just last week, Nvidia’s CEO praised Intel for producing top-of-the-line chips, reinforcing the belief that Intel is well-positioned in the competitive AI and chip landscape.
Shares have rebounded strongly since dropping to a low of $18.97 in August, showcasing a remarkable recovery as investors rally behind the company’s strategic direction.
As the market continues to react to these developments, investors and analysts will be closely watching Intel’s next moves and the performance of its products in the rapidly evolving technology sector.
Stay tuned for further updates on Intel’s performance and market impact as this story develops.
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