Earnings Recap: Intel (INTC) Beats on Q3 but Stock Craters 29% on Weak Guidance
Intel topped Q3 2026 estimates on both revenue and EPS, but shares plunged as much as 29% — the worst day for the stock in years — after management issued a weaker-than-expected outlook, leading decliners across the S&P 500 and Nasdaq 100 and dragging the broader chip complex lower into Halloween weekend.