One-sentence summary
This FAQ answers Intel's Q3 2026 numbers, why Q4 guidance missed, why the stock crashed 28% in a day, and the impact of the Israel fab incident and PC slump.
Common Questions
Q1: What were Intel's Q3 2026 revenue and profit? A: Q3 GAAP revenue was $16.5B, up 21% YoY; net income $3.32B, down 18%; diluted EPS $0.60.
Q2: Why did Q4 guidance disappoint? A: Revenue guide was $15-16B (midpoint $15.5B) versus ~$17B expected; non-GAAP EPS guide $0.25 versus ~$0.43 expected; non-GAAP gross margin guide 38.0%.
Q3: Why did the stock crash? A: On October 30 it fell as much as 29% intraday and closed down over 28% at $65.76, with a market cap of ~$349.2B and nearly $150B wiped out.
Q4: What was the Israel fab incident? A: The Kiryat Gat fab had an operational incident that trimmed capacity expectations, alongside Intel's view that PC weakness lasts at least to H1 2027.
Q5: Which Intel business did well? A: Data-center business grew nearly 80% YoY on AI-server demand, but could not offset weak client PCs short term.
Sources
- Intel IR: Q3 2026 Earnings Release
- Securities Times: Q4 guidance far below expectations