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Intel's Q4 outlook misses estimates, shares fall about 28%
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TechCrunch reported on October 31, 2026 that Intel's fourth-quarter outlook came in below expectations, and the stock fell about 28% on Friday, cutting the value of the US government's stake by $12 billion. Intel expects fourth-quarter revenue of $15–16 billion, below analysts' roughly $17 billion, and gross margin to fall from 43% to 37%. The company also expects no positive cash flow because of heavy investment.
Written by AI from the coverage · updated 1 hour ago
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Oct 31
- TechCrunch · AIIntel’s stock crashes, knocking $12B from government’s stake
Intel第四季度业绩展望低于预期，周五股价暴跌约28%，美国政府所持股份价值缩水$12 billion。公司预计第四季度收入为$15 billion至$16 billion，低于分析师预期的约$17 billion，毛利率将从43%降至37%，且因大规模投资预计无法产生正现金流。
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