CEO Lip-Bu Tan hailed Intel’s superb progress, crediting its robust balance-sheet flexibility after raising almost $20 billion through partnerships and asset sales. This includes $5.7 billion from the U.S. government, $2 billion from SoftBank, and an upcoming $5 billion equity deal with Nvidia closing in Q4.

Intel Corp. shares surged after the chipmaker returned to profitability and gave an upbeat revenue forecast, suggesting that it’s making progress on a long and challenging comeback attempt.

Intel stock popped after the chipmaker reported a Q3 earnings beat this past week. But analysts say its struggling foundry business is still a major risk to share price.

Intel posted profits in the latest quarter as the one-time America technology icon struggles to regain market share

The company is facing a tight capacity for its older chip nodes, Intel 10 and 7, amid ongoing AI compute demand and businesses migrating to Windows 11.

Intel says that 18A will be a “long-lived node” that will power “at least the next three generations of client and server products.” If you were hoping for a return to the “tick-tock” days where Intel would alternate between shrinking its chips and releasing new architectures every generation, that’s not happening here.

Intel CEO Lip-Bu Tan excited for next-gen consumer desktop CPUs with Nova Lake in 2H 2026: Intel 18A, up to 52 cores, new Xe3 GPU, new LGA1954 socket.

Intel added $20 billion to its balance sheet in Q3 but didn't offer many details on the progress of its floundering foundry business.

Numerous extraordinary revenues provide Intel with a uniquely good business result. A downturn is expected again in three months.