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Intel swings back to profit with $13.19 B quarterly revenue
Intel posted $13.
Intel reported a return to profitability in the third quarter, posting revenue of $13.19 billion and net earnings of $0.02 per share, exceeding analyst expectations by $0.12. Improved data-center chip demand and cost-discipline efforts helped reverse earlier losses. CEO Pat Gelsinger cited renewed enterprise momentum and efficient 3-nanometer ramp-ups as key growth drivers. Despite soft consumer PC sales, Intel reaffirmed full-year guidance, signaling confidence in supply-chain stability and design leadership as it competes with AMD and Nvidia across global processor markets.