Intel will report its third-quarter earnings after the bell Thursday as chip stocks keep recovering from an AI-driven rout over the past month. Intel shares fell more than 20% over the last month, while Micron and AMD dropped roughly 10% and Nvidia about 3%. SK Hynix reported revenue up 328% to some $78.7 billion and operating profit up 632%, helping ease concerns about the AI trade. Bloomberg analyst consensus expects Intel EPS of $0.40 on revenue of $16.5 billion, versus $0.23 and $13.6 billion a year earlier. Foundry revenue is expected to reach $6.1 billion, a potential 44% year-over-year increase, and The Information reported Google ordered 3 million of its custom Tensor Processing Units from Intel.
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IntelsemiconductorsearningsAI investment
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Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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