Intel (INTC.US) experiences its worst post-earnings sell-off in nearly half a century! Major institutions lower target prices, but technical analysts see a buying opportunity

智通财经APP has learned that after Intel (INTC.US) announced disappointing third-quarter 2026 results, its share price fell more than 28% last Friday. The financial report shows that Intel's Q3 revenue increased by 21% year-on-year to $16.5 billion, and adjusted earnings per share were $0.52, both exceeding market expectations. There was a marked contrast between business divisions. The Data Center and Artificial Intelligence Group (DCAI) became the core growth engine with Q3 revenue of $7.318 billion, a year-on-year surge of 78%, operating profit of $3.039 billion, and a profit margin of 41.5%. The Client Computing and Physical AI Group (CCPG), related to personal computers (PCs), performed weakly, with revenue of $8.097 billion, down 5% year-on-year, and operating profit also shrinking in tandem.