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Intel sees strong growth beyond consumer PC chips

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Intel beat its earnings expectations for the third quarter, but not because of growth in its core PC microprocessor business. Rather, the world’s biggest chip maker saw strong growth in chips for programmable devices, non-volatile memory, the Internet of Things, and data centers. And it is boosting its predictions for revenue in the fourth quarter.

Analysts expected adjusted third-quarter results of net income of 80 cents a share on revenue of $15.73 billion. Intel reported adjusted net income of $1.01 a share on revenues of $16.1 billion.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.