Intel Q3 revenue $16.51B, adjusted EPS $0.52 beat; Q4 guidance light

Intel reported Q3 revenue of $16.51B versus $16.54B expected and adjusted EPS of $0.52 versus $0.41 expected, with adjusted gross margin of 44.1% versus 42.1%. Data center and AI revenue was $7.32B versus $6.67B expected. The company guided Q4 revenue of $15B-$16B, below the $17.05B estimate, and Q4 adjusted EPS of $0.25 versus $0.43 estimated.

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