Jin10 reported on October 24 that Intel (INTC.O) released an optimistic revenue forecast, stating that sales are expected to be between $12.8 billion and $13.8 billion in the fourth quarter. This outlook indicates that after a tumultuous year, Intel is back on the right track. CFO Dave Zinsner stated, “Current demand is exceeding supply, and we expect this trend to continue through 2026. Thanks to the potential strength of our core markets, the company’s third-quarter performance exceeded its expectations.” Newly appointed CEO Tan mentioned that he will enforce financial discipline more rigorously. This means the company will delay manufacturing plans in cases where the return on investment is unclear. This stance has raised new concerns, as it suggests that Intel may no longer pursue staying at the forefront of the chip industry.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
