Intel (INTC) shares fell more than 28% after its third-quarter results and weaker-than-expected guidance, as a sharp drop in PC sales offset gains in its data center business. Its client computing revenue fell 5% year over year to $8.1 billion, while Counterpoint Research estimates global PC shipments dropped 21% in Q3. The article suggests AMD (AMD) could face similar pressure ahead of its Q3 report on Nov. 3, although AMD is gaining share from Intel in both PC and server CPUs. With AMD shares up about 90% over the past year, the author notes that investors may consider taking profits, but says a steep decline after the report could be an opportunity to buy, citing expected EPS growth at a 65% CAGR and a forward P/E below 32 times.
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IntelAMDsemiconductorsearnings
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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