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Intel Sets Fourth-Quarter Revenue Outlook Below Its $16.5 Billion Q3

The company forecast fourth-quarter revenue of $15 billion to $16 billion, with the high end $500 million below third-quarter sales.

Updated 1 min read
Intel’s headquarters campus stands along Mission College Boulevard in Santa Clara, California. / TokenPost.ai (macro)
Intel’s headquarters campus stands along Mission College Boulevard in Santa Clara, California. / TokenPost.ai (macro)

Intel’s fourth-quarter forecast puts its expected revenue below its $16.5 billion third-quarter result, pointing to a lower sequential sales range for the chipmaker in the current reporting period.

Intel forecast fourth-quarter revenue of $15 billion to $16 billion. Even the top of that range is $500 million below the third-quarter total.

The company’s third-quarter results provide the basis for comparison.

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