Intel shares are up about 150% year to date as of October 21 on its strongest revenue growth in more than 15 years, but have fallen about 36% from their June high. Revenue for the quarter ended June 27 rose 25% year over year to about $16.1 billion, with AI-related revenue up more than 70% and making up about 70% of sales. Adjusted gross margin rose to nearly 42% from about 30% a year earlier, and CFO David Zinsner targets 50% over the long term. The foundry unit still lost $2.1 billion in the second quarter, with management expecting breakeven by the end of 2027, possibly delayed to 2028. The stock trades at about 60 times this year's expected earnings and 43 times next year's, a valuation the article says can be supported by analysts' estimate of 69% annual earnings growth, ahead of the October 29 third-quarter report with revenue guidance of $15.8 billion to $16.8 billion.
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Intelsemiconductorsearningsartificial intelligencevaluation
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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 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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