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Intel Q3 2026 Earnings Call Transcript

Reviewed by ClearTape · Source: Benzinga

Key takeaways

Intel’s Q3 2026 earnings were stronger than expected, driven by DCAI growth, but a $300 million hit from the Israel factory outage will temper Q4 results.
Revenue Q3 2026: $16.5 billion
DCAI revenue Q3 2026: $7.3 billion
CCG revenue Q3 2026: $8.1 billion

What happened

Intel (NASDAQ: INTC) reported third‑quarter 2026 earnings with revenue of $16.5 billion, up 12% year‑over‑year, and non‑GAAP

EPS

Earnings per share — profit for one share of the company, in dollars.

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of $0.52 versus

guidance

What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.

of $0.38. DCAI revenue hit $7.3 billion, a 17% sequential increase and nearly 80% year‑over‑year, while the Client Computing Group revenue fell 9% sequentially to $8.1 billion. The company guided Q4 revenue to $15‑$16 billion, gross margin to 38%, and EPS to $0.25, noting a $300 million impact from the Fab 28 shutdown in Israel.

Why it matters

The results show Intel’s data‑center and AI segment is driving growth, offsetting a decline in client PCs. The

guidance

What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.

reflects a $300 million hit from the Israel factory outage, which will affect 10‑nanometer server shipments in Q4 and early 2027. The company’s capital spending remains high at $20 billion for 2026,…

Short-term and longer-term

Short-term. In the next few days, watch for Q4 earnings to see how the $300 million Fab 28 impact plays out.

Longer-term. Over the coming months, Intel’s focus on DCAI and the ramp of Intel 3 and 18A nodes could drive long‑term revenue growth, especially as server CPU TAM expands.

Words on this card

DCAI: Data Center and AI, Intel’s segment focused on server and AI workloads
CCG: Client Computing Group, Intel’s segment focused on PCs and client devices
CapEx: Capital expenditures, money spent on plant, property, and equipment
PDK: Process Design Kit, a set of design rules and parameters for semiconductor manufacturing
Fab: Fabrication plant where semiconductor wafers are manufactured
EPS Learn: Earnings per share — profit for one share of the company, in dollars.

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