Intel shares fell 28.58% after the chipmaker issued weak Q4 guidance amid a slowdown in the PC market, even though the stock had risen about 150% year-to-date on demand for server CPUs. Q3 revenue rose 21% to $16.5 billion, with the data center and AI segment up 78% to $7.3 billion. For Q4, Intel projected revenue of $15 billion to $16 billion and adjusted EPS of $0.25, below analyst expectations, and expects a $600 million revenue hit from an explosion at a fab in Israel. The PC segment is expected to keep declining, the foundry business still posted a $1.9 billion loss, and the company is losing server CPU share to rivals. The author says the stock still does not deserve a premium valuation even after the drop, with a forward P/E of 30 times based on 2027 estimates, so the author does not see it as an attractive investment.
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Intelsemiconductorsearningsvaluationdata centers
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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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