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Intel's stock rose after strong Q3 earnings and rising demand for its 2026 server CPUs.
Intel's stock rose on strong Q3 earnings, with EPS of $0.23 beating estimates and revenue of $13.65 billion up 3% year-over-year. Analysts raised price targets, citing sold-out 2026 server CPU demand, improved 18A process yields, and growing foundry prospects, though consensus remains cautious with a "Reduce" rating. Despite a negative return on equity and low net margin, institutional ownership increased, and shares traded near a 12-month high.
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