Business / Technology
Add as a preferred source on GoogleThe company set the discussion for 5 p.m. ET Thursday, Oct. 29, after its quarterly results.
Intel's post-results conference call was scheduled for Thursday, Oct. 29, with its fourth-quarter outlook and PC demand on the agenda amid ongoing weakness in the market.
The company set the call for 5 p.m. ET.
Intel released its third-quarter results after the U.S. market closed Thursday.
EconoTimes previously covered the forecast and share reaction in its earlier report.
Intel’s Data Center and AI group grew 78% in the quarter, while research firms estimated global PC shipments fell 21% to 22.4%.
CFO David Zinsner told Reuters the disruption could cost about $300 million in fourth-quarter 2026 revenue and a similar amount in the first quarter of 2027.
The company kept its 2027 target well above $2 billion and forecast fourth-quarter revenue of $4.15 billion at the midpoint, with a 3.5% range.
