Intel Q3 earnings on deck: What to expect

What happened

Intel will report fiscal third-quarter results after the market closes on Oct. 29, followed by a conference call. Analysts expect revenue between about $16.44 billion and $16.49 billion, while Intel's own forecast spans $15.8 billion to $16.8 billion.

Confirmed

Global impact / market context

Intel's results matter because revenue growth and gross profitability, which means profit per sale after certain costs, signal whether server chip demand and manufacturing progress support its recovery. Fourth-quarter guidance will show whether recent growth can continue into the final quarter of 2026.

Analyst inference

Investors are watching demand for server processors used in data centers and infrastructure supporting generative artificial intelligence, a system that creates new content. Updates on Intel's 18A process technology and its foundry business, which makes chips for outside customers, will indicate its ability to compete in chip manufacturing.

Analyst inference

What to watch

1. Adjusted earnings are projected at 39 to 40 cents per share, compared with 23 cents a year earlier, and management has targeted an adjusted gross margin of around 42%. Confirmed
2. Investors will assess demand for server processors used in data centers and infrastructure supporting generative artificial intelligence, since this demand could support Intel's revenue growth and recovery. Analyst inference
3. Updates on the 18A process technology and progress attracting outside foundry customers could show whether Intel's manufacturing strategy, which requires large capital spending, can compete and bring in new revenue. Analyst inference

Evidence

• gurufocus.com