Intel: Abandon Ship

Intel Corporation has rallied impressively but now faces valuation headwinds as Q3 results and forward guidance disappoint elevated expectations. Q3 delivered a top-line beat with $16.5B revenue and $0.52 adjusted EPS, but true GAAP net income fell 18% year-over-year, highlighting underlying profit pressures. Growth in Data Center and Foundry segments was offset by ongoing weakness in Client Computing, with PC demand notably soft.