$INTC falls ~20%–23% after-hours: weak Q4 guidance, not the Q3 beat, drives the reset. 📊 Q3 revenue was ~$16.5B, roughly in line; adjusted EPS of $0.52 topped $0.40–$0.41 estimates. Q4 revenue guidance of $15B–$16B trails $17.05B–$17.1B estimates; EPS guidance of $0.25 compares with $0.43 expected. Gross margin: 44.1% in Q3, guided to 38.0% in Q4. 🔥 Data Center and AI revenue reached ~$7.3B, up 78% year over year, but manufacturing and advanced-packaging constraints limit conversion of demand into sales. The ~$1.9B Foundry operating loss and PC weakness—expected to persist through at least H1 2027—add pressure. Watch execution on capacity, margins and cash generation as tech earnings fuel a broader risk-off move. #Semiconductors #Earnings #AI #Tech INTC