Intel Forecasts Third-Quarter Revenue Up to $16.8 Billion

Intel Corporation is scheduled to report its third-quarter financial results on October 29. The company has forecast revenue for the period between $15.8 billion and $16.8 billion, with a guided gross margin of approximately 42%.

While the company has exceeded revenue forecasts for seven consecutive quarters, analysts indicate that gross margin will be the critical metric for investors. CFO David Zinsner previously stated that gross margin expansion is his top priority, though he warned that rising input costs for memory create headwinds for the second half of the year.

Intel is currently ramping up its Intel 18A manufacturing process. To support these efforts, the company has increased its 2026 capital spending outlook to more than $20 billion.