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DevelopingEconomy

Intel weak fourth-quarter forecast

Intel shares fell 23% in after-hours trading after a weak forecast; it expects PC sales to fall 12% in 2026 and 10% next year on component price rises and memory chip shortages.

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The latest development

BloombergThu 29 Oct · 20:10 UTC

Intel gave a revenue forecast that fell short of analysts’ estimates, hurt by plunging demand for its PC processors…

01Developments

Developments

Friday 30 October

1 development
  1. 07:52 UTC· the latest

    Intel shares plunge 23% on gloomy PC outlook

    Intel expects laptop and desktop sales to fall 12% in 2026 and a further 10% in 2027 because of higher component prices and chip shortages.

    1 sourceMeduza
    • MeduzaTelegramFri 30 Oct, 07:52RU

      Акции Intel [обвалились]( на 23%. Компания дала мрачный прогноз по продажам персональных
      The original post

Thursday 29 October

1 development
  1. 20:10 UTC

    Intel shares plunge after weak fourth-quarter forecast

    Intel reported Q3 revenue up 21% to $16.5bn but guided Q4 below estimates, citing soft PC demand and supply-chain problems in data-centre parts.

    2 sourcesBloomberg, Techmeme
    • BloombergBlueskyThu 29 Oct, 20:10

      Intel gave a revenue forecast that fell short of analysts’ estimates, hurt by plunging demand for its PC processors and struggles to keep up with runaway demand for lucrative data center components Intel Corp. plunged in late trading after its revenue forecast missed analysts’ e
      The original post
    • TechmemeRSSThu 29 Oct, 20:25

      Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 revenue and adjusted EPS below estimates; INTC drops 16%+ after hours (Katie Tarasov/CNBC) Katie Tarasov / CNBC: Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 reve
      The original post