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 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 has returned to profitability, signaling momentum behind its turnaround efforts, but it still hasn't found customers for its foundry business.

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

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.

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