AI chips are in short supply, yet Intel's stock price plummeted by 20%.

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AI chips are in short supply, yet Intel's stock price plummeted by 20%.

Author: Xiaojing, Tencent Technology

On October 29th, US local time, Intel released its financial report for the third quarter of 2026. The report showed that Intel's revenue for the quarter reached $16.51 billion, a year-on-year increase of 21%; net profit was $3.32 billion, a year-on-year decrease of 18%; diluted earnings per share were $0.60, a year-on-year decrease of 33%.

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