--- title: "Intel's third-quarter profit exceeded expectations, and its stock price rose 7% in after-hours trading" description: "Intel's third-quarter profit exceeded expectations, with CEO Eric Wu cutting costs and securing external investments, strengthening the financial position. The stock price rose 7% in after-hours tradi" type: "news" locale: "en" url: "https://longbridge.com/en/news/262509385.md" published_at: "2025-10-23T23:25:43.000Z" --- # Intel's third-quarter profit exceeded expectations, and its stock price rose 7% in after-hours trading > Intel's third-quarter profit exceeded expectations, with CEO Eric Wu cutting costs and securing external investments, strengthening the financial position. The stock price rose 7% in after-hours trading. This is the company's first earnings report since receiving investments from Nvidia and SoftBank. CFO Dave Zinsner stated that chip demand was strong in the third quarter, with an adjusted gross margin of 40% and earnings per share of 23 cents. Revenue for the fourth quarter is expected to be between $12.8 billion and $13.8 billion, with a capital expenditure plan of $27 billion for 2025 Intel's third-quarter profits exceeded expectations, with CEO Pat Gelsinger significantly cutting costs and the company securing external investments, thereby strengthening its financial position. Intel's stock price rose 7% in after-hours trading. This is the company's first earnings report following billions of dollars in investments from Nvidia and SoftBank (9984.T), as well as unprecedented equity participation from the U.S. government. Intel's Chief Financial Officer Dave Zinsner stated in an interview that the company received funding from SoftBank in the third quarter but has not yet received funds from Nvidia. Zinsner noted that demand for Intel chips in the third quarter was so strong that the company faced supply constraints. He mentioned that one factor is that data center operators have realized they need to upgrade their CPUs to keep pace with advanced artificial intelligence chips. Intel's adjusted gross margin for the third quarter was 40%, exceeding the expected 35.7%, and adjusted earnings per share were 23 cents, also surpassing the estimated 1 cent. Intel forecasts fourth-quarter revenue between $12.8 billion and $13.8 billion, with a midpoint of $13.3 billion, while analysts' average expectation is $13.37 billion. Zinsner indicated that Intel plans capital expenditures of $27 billion for 2025 and $17 billion for 2024 ### Related Stocks - [INTC.US - Intel](https://longbridge.com/en/quote/INTC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | How Ricursive Intelligence raised $335M at a $4B valuation in 4 months | Ricursive Intelligence, co-founded by AI experts Anna Goldie and Azalia Mirhoseini, raised $335 million in just four mon | [Link](https://longbridge.com/en/news/276070814.md) | | 13:04 ETAdvantech Highlights Real-Time Medical Edge AI at HIMSS 2026 | Advantech (TWSE: 2395) will showcase its healthcare AI innovations at HIMSS 2026 in Las Vegas from March 9-12, 2026. The | [Link](https://longbridge.com/en/news/276258567.md) | | ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports | Feb 20 (Reuters) - ConocoPhillipsis exploring a sale of some of its Permian Basin assets as part of a broader streamlini | [Link](https://longbridge.com/en/news/276478732.md) | | IronBridge Private Wealth LLC Has $905,000 Holdings in Apple Inc. $AAPL | IronBridge Private Wealth LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 77.3% in Q3, holding 3,555 shares valued | [Link](https://longbridge.com/en/news/276436345.md) | | Financial Advocates Investment Management Lowers Stock Position in Meta Platforms, Inc. $META | Financial Advocates Investment Management reduced its stake in Meta Platforms, Inc. by 66.7% in Q3, now holding 2,343 sh | [Link](https://longbridge.com/en/news/276432394.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.