Catenaa, Friday, October 24, 2025- Intel stock jumped more than 5% on Friday as the chipmaker reported third-quarter earnings beating estimates, driven by AI demand.
Intel reported $13.7 billion in revenue for the three months ended September 27, higher than the $13.15 billion expected by analysts tracked by Bloomberg and $13.28 billion the previous year.
The chipmaker said that adjusted earnings per share were $0.23, above the $0.01 projected by Wall Street. The company reported a loss of $0.46 during the same period in 2024.
CEO Lip-Bu Tan said in a statement that “AI is accelerating demand for compute and creating attractive opportunities across our portfolio,” including the company’s closely-watched, struggling manufacturing business and its products.
Intel makes CPUs, or traditional computer chips, used alongside AI chips in data center servers to power artificial intelligence software. Its CPUs are also used in computers, including AI PCs.
The company said it expects fourth-quarter adjusted EPS of $0.08, less than the $0.10 per share estimated by analysts, per Bloomberg consensus data.
The chipmaker forecasts revenue of $13.3 billion at the midpoint of its projected range, below the $13.4 billion expected.
Intel said its fourth-quarter guidance was below analyst estimates because the company’s projections don’t include revenue from Altera, a semiconductor firm owned by Intel that the company partly divested in the third quarter.
Intel’s manufacturing arm, Intel Foundry Services, reported an operating loss of $2.3 billion for the third quarter, wider than the $2.2 billion expected but an improvement from the $5.8 billion loss in the previous year.
Intel stock has risen by over 102% year-to-date.
