Intel (INTC) Stock Surges on Revenue Beat and Government Investment
Intel shares rose 9% after beating revenue estimates and securing major investments from the U.S. government, Nvidia, and SoftBank.
TLDR
Intel shares jumped 9% in premarket trading after beating third-quarter revenue expectations with $13.65 billion versus $13.14 billion estimated.
The U.S. government became Intel’s top shareholder in August 2025 with a 10% stake through an $8.9 billion investment negotiated by the Trump administration.
Intel received multi-billion-dollar investments from Nvidia and SoftBank, with Nvidia taking a $5 billion stake in September 2025.
CEO Lip-Bu Tan’s cost-cutting efforts included slashing over 20% of the workforce, reducing headcount from 124,100 to 88,400 employees year-over-year.
Intel stock has rebounded 90% in 2025, outperforming both Nvidia and AMD, though the company warns its advanced 18A manufacturing process won’t reach acceptable yield levels until 2027.
Intel shares jumped nearly 9% in premarket trading Friday after the chipmaker reported third-quarter revenue of $13.65 billion. That beat analyst estimates of $13.14 billion.
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