Intel Corporation reports developments across its advanced semiconductor design and manufacturing business, including Intel Products, the Client Computing Group, Data Center and AI, and Intel Foundry. Company updates commonly address operating results, CPU and AI-related demand, wafer and advanced packaging capacity, corporate strategy, capital allocation, and changes affecting major manufacturing assets.
Intel news also includes governance and leadership developments, proxy matters, and ownership-linked updates from Mobileye, an independently listed company in which Intel retains majority ownership. These items connect Intel’s public-company disclosures with its product roadmap, foundry strategy, manufacturing network, and broader semiconductor capital structure.
Intel (INTC) reported third-quarter 2026 revenue of $16.5 billion, up 21% year over year, alongside lower GAAP earnings.
Diluted earnings per share fell 33% to $0.60, and net income attributable to Intel declined 18% to $3.3 billion. Gross margin rose to 43.0% from 38.2%, while operating margin increased to 15.3% from 5.0%. Data Center and AI revenue grew 78% to $7.3 billion; Client Computing and Physical AI revenue fell 5% to $8.1 billion. Operating cash flow was $5.1 billion.
Intel completed a $23 billion public equity offering and announced plans to acquire Classiq. For fourth-quarter 2026, Intel forecasts revenue of $15.0 billion to $16.0 billion, GAAP diluted earnings per share of $0.10 and gross margin of 37.1%. The company expects the PC slowdown to continue at least through the first half of 2027.
Mobileye (Nasdaq: MBLY) reported third-quarter 2026 revenue of $492 million, down year over year, and raised its full-year revenue outlook. Revenue fell 2%, while the GAAP operating loss narrowed 25% to $82 million. Net loss narrowed to $67 million, or $0.08 per diluted share, from $96 million, or $0.12 per share. Adjusted operating income rose 20% to $89 million. Quarterly operating results benefited from an Israeli research-and-development incentive grant.
Mobileye now expects 2026 revenue of $1,995 million to $2,020 million, implying 5% to 7% growth. Its operating-loss outlook is $4,127 million to $4,087 million, including $3,788 million of goodwill impairment. Nine-month operating cash flow was $303 million, with $1.5 billion in cash, marketable securities and deposits. New automaker design wins and robotaxi deployment milestones advanced, although driver-out performance remains critical to scaling deployments.
Intel (INTC) and Oracle (ORCL) announced plans for a multiyear collaboration to expand Intel Xeon-based computing on Oracle Cloud Infrastructure (OCI). The companies expect the collaboration to cover current and future Xeon platforms, including planned OCI X14 offerings based on Intel’s next-generation server processor, codenamed Diamond Rapids.
The planned expansion is intended to add computing capacity for enterprise applications, AI agents and inference, the process of running trained AI models. Oracle’s future product direction is informational rather than a delivery commitment; development, release and timing remain at Oracle’s discretion.
Intel (INTC) has entered into a definitive agreement to acquire Classiq, a provider of quantum computing software.
Intel expects the proposed combination to create a full-stack quantum computing platform, combining Classiq’s automated quantum algorithm synthesis software with Intel’s silicon spin-qubit technology, quantum software and semiconductor manufacturing capabilities. The company says the combination would allow it to add quantum processing units to its computing portfolio.
The transaction is expected to close in the first half of 2027, subject to regulatory approvals and customary closing conditions. Until then, the companies will operate independently. After closing, Intel intends to maintain Classiq’s existing multi-platform integrations and support software that works across different quantum hardware technologies.
Mobileye (MBLY) has received a TÜV SÜD inspection certificate confirming that its automatic emergency braking development process conforms with ISO 21448.
The standard addresses Safety of the Intended Functionality: risks that can arise even when a system operates as designed. The independent audit reviewed measures to identify, evaluate and mitigate risks associated with sensor limitations, perception systems and real-world driving conditions. The assessment covers Mobileye’s automatic emergency braking development process, not its entire driver-assistance or autonomous-vehicle portfolio.
Mobileye Global (MBLY) will release its third-quarter 2026 financial results on October 29, 2026, before the market opens.
A conference call at 8:00am ET (2:00pm IT) will review the results and provide a general business update. A live webcast will be available on Mobileye’s investor relations website, with a replay shortly after the call concludes.
Intel (INTC) introduced Xeon-based rack designs and shared new GPU D-series technical details at the Open Compute Project Global Summit. Developed with ecosystem partners, select Xeon 6+ configurations scale beyond 46,000 cores per rack at 133.45 kW total rack power.
Customer sampling of GPU D-series is underway. Intel describes the GPU as designed for memory-intensive AI inference, with 1.5 TB/s memory bandwidth and 1.3 petaflops of FP8 compute within a 350-watt power envelope. Intel-branded cards have 160 GB of memory; the design enables partner-branded options up to 480 GB. Intel also highlighted open software integration and its contribution to a standardized accelerator-card form factor.
Intel (INTC) will report its third-quarter 2026 financial results on October 29, 2026, promptly after the market closes.
An earnings conference call will follow at 2 p.m. PDT that day. A live public webcast, associated materials and a webcast replay will be available on Intel's Investor Relations website at intc.com.
Applied Materials (AMAT) is collaborating with Intel (INTC) on chipmaking technologies for next-generation transistors, interconnects and advanced packaging for AI computing. The work connects Applied’s EPIC Center in Silicon Valley with Intel’s research campus in Hillsboro, Oregon. Applied aims to shorten development and commercialization cycles. Its EPIC Center is scheduled to be operationally ready in 2026, with Intel participating as a founding partner.
OpenSearch Software Foundation expanded its enterprise ecosystem by adding Adelean, Intel (INTC), and Sidecar as new General Members and certifying Seacom and Sidecar as Long Term Support (LTS) providers.
These organizations will contribute to working groups, technical initiatives, and strategic direction while offering production-ready LTS services with extended maintenance and predictable upgrade paths. Over the past year, OpenSearch project contributors increased 31% globally, including 43% growth in Latin America and 33% in Japan. Total project downloads surpassed 2.4 billion, a 140% year-over-year increase. Foundation research reports that 71% of organizations view independently deployed data infrastructure, free from specific vendor dependence, as a strategic priority.