{"data":{"id":2607,"lang":"en","title":"Intel Stock Plunges More Than 20% as Weak PC Outlook Overshadows a 78% Jump in AI Data Center Sales","summary":"Intel beat on earnings but guided Q4 revenue to $15-16 billion, with client computing set to fall over 20%.","category":"technology","category_label":"Technology","published_at":"2026-10-30T19:01:17Z","updated_at":"2026-10-30T19:01:17Z","url":"https://techtools.cz/tools/news/article/2607-intel-stock-plunges-more-than-20-as-weak-pc-outlook-overshadows-a-78-jump-in-ai","api_url":"https://techtools.cz/news-api/v1/articles/2607?lang=en","markdown_url":"https://techtools.cz/news-api/v1/articles/2607.md?lang=en","image_url":"https://www.marketbeat.com/logos/intel-co-logo-1200x675.png?v=20250605133156","word_count":151,"reading_time_minutes":1,"sources":[{"url":"https://www.marketbeat.com/earnings/reports/2026-10-29-intel-co-stock/","domain":"marketbeat.com"},{"url":"https://www.cnbc.com/2026/10/29/intel-intc-q3-earnings-report-2026-.html","domain":"cnbc.com"}],"translation":{"lang":"cs","id":2681,"title":"Akcie Intelu se propadly o více než 20 %: slabý výhled pro PC přebil 78% růst tržeb z datových center s AI","url":"https://techtools.cz/tools/news/clanek/2681-akcie-intelu-se-propadly-o-vice-nez-20-slaby-vyhled-pro-pc-prebil-78-rust-trzeb","api_url":"https://techtools.cz/news-api/v1/articles/2681?lang=cs"},"content":"Intel reported third-quarter revenue of $16.51 billion, up about 21% year over year and marginally below the $16.56 billion analysts expected. Adjusted earnings of $0.52 per share beat the roughly $0.41 consensus. Data center and AI revenue rose to $7.3 billion, nearly 80% higher than a year ago, with a 42% operating margin.\n\nThe stock still fell sharply, by more than 20% in reports, on weak guidance. Intel expects fourth-quarter revenue of $15-16 billion and a 38% non-GAAP gross margin. Client computing revenue was $8.1 billion, down 9% sequentially, and management expects a drop of more than 20% in the fourth quarter. The guidance also includes about a $300 million revenue hit from the shutdown of its Israel factory, Fab 28.\n\nIntel Foundry revenue grew 16% sequentially to $6.7 billion but posted a $1.9 billion operating loss. The results show AI demand lifting Intel's server business while the PC market softens."}}