---
title: "AI chips are in short supply, yet Intel's stock price plummeted by 20%."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303677067.md"
description: "Author: Xiaojing, Tencent TechnologyOn 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%."
datetime: "2026-10-30T04:41:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303677067.md)
  - [en](https://longbridge.com/en/news/303677067.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303677067.md)
generator: "portal-rs"
---

# 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%.

### Related Stocks

- [INTC.US](https://longbridge.com/en/quote/INTC.US.md)
- [INT.US](https://longbridge.com/en/quote/INT.US.md)
- [INTW.US](https://longbridge.com/en/quote/INTW.US.md)
- [INYY.US](https://longbridge.com/en/quote/INYY.US.md)
- [LINT.US](https://longbridge.com/en/quote/LINT.US.md)
- [04335.HK](https://longbridge.com/en/quote/04335.HK.md)

## Related News & Research

- [Intel signals slower growth as PC market remains under pressure](https://longbridge.com/en/news/303619483.md)
- [Prediction: This will be Intel's stock price by year-end 2027](https://longbridge.com/en/news/303844661.md)
- [Intel faces PC weakness, manufacturing constraints, analysts say](https://longbridge.com/en/news/303755233.md)
- [Why Is Intel Stock Sinking Friday?](https://longbridge.com/en/news/303734611.md)
- [Intel says it’s selling every affordable laptop chip it can make](https://longbridge.com/en/news/303645178.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**