Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 23 October 2025
⏱️ 10 minutes
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Summary
Intel gave an upbeat revenue forecast after personal computer demand grew, boosting optimism about a comeback attempt by the embattled chipmaker.
Fourth-quarter sales will be $12.8 billion to $13.8 billion, the company said in a statement Thursday. The midpoint of that range, $13.3 billion, was just below Wall Street’s $13.4 billion average estimate.
But some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.
The shares gained about 3% in late trading after closing at $38.16.
For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Jay Goldberg, Senior Analyst of Semiconductors & Electronics with Seaport Research Partners
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| 1:06.0 | We're watching a lot of different companies, but I want to home in on one, and that would be Intel, |
| 1:10.3 | share, surging in the after hours. Just building the momentum to home in on one, and that would be Intel share surging |
| 1:11.0 | in the after hours. Just building the momentum to the upside. Yeah, 7% to the upside right now in the |
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