INTC · NASDAQ
INTC · NASDAQ
92.07 USD
-3.46 (-3.62%)
Pre-Market 68.16 USD -23.91 (-25.97%)
Intel fell about 26% in pre-market trading after reporting Q3 results and issuing a weaker-than-expected Q4 outlook. The company guided Q4 revenue to $15 billion-$16 billion and non-GAAP EPS to $0.25, citing PC-market weakness, supply constraints and elevated memory costs; the guidance reset outweighed the Q3 beat. source The broader semiconductor selloff added pressure, with AMD, Nvidia and TSMC also lower.
Intel fell about 26% in pre-market trading after reporting Q3 results and issuing a weaker-than-expected Q4 outlook. The company guided Q4 revenue to $15 billion-$16 billion and non-GAAP EPS to $0.25, citing PC-market weakness, supply constraints and elevated memory costs; the guidance reset outweighed the Q3 beat. source The broader semiconductor selloff added pressure, with AMD, Nvidia and TSMC also lower.