Intel forecasts higher-than-expected earnings and revenue for Q3 2026 while planning capital expenditures above $20B.
Intel expects Q3 2026 earnings per share of $0.38 on revenue between $15.8 billion and $16.8 billion. The company cited strong demand for its products, which continues to outpace supply growth, as a key driver for the outlook.
The guidance exceeds prior expectations, reflecting solid execution in Q2 2026. Gross margin and earnings also surpassed earlier projections, reinforcing confidence in the company’s operational performance.
Intel plans capital expenditures above $20 billion for 2026, signaling aggressive investment in capacity expansion to meet demand.