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[Intel fell nearly 26% after opening, fourth-quarter profit guidance fell short of expectations] On October 30, Intel’s U.S. stocks fell nearly 26% after opening. The company's third-quarter revenue was US$16.5 billion, a year-on-year increase of 21%, and non-GAAP earnings per share were US$0.52. However, the company expects non-GAAP earnings per share in the fourth quarter to be only $0.25, and gross profit margin is expected to drop to 38%, lower than 44.1% in the third quarter. The profit outlook has caused market concerns.
U.S. stock trends 🕐 2026-10-30 21:30
#Intel #U.S. stock trends
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