Intel posts $16.5B in Q3 revenue, forecasts Q4 revenue and adjusted EPS below estimates

Intel released its third-quarter 2026 results. Techmeme, citing CNBC, reports revenue grew 21% year over year to $16.5 billion, matching estimates, but Intel forecast fourth-quarter revenue and adjusted earnings per share below estimates; its shares fell 16%-plus after hours. Intel CFO David Zinsner said revenue, gross margin and earnings per share exceeded guidance, and data center revenue saw its strongest growth in 15 years.