Supply Constraints a Swing Factor for Intel, Seaport's Goldberg Says

What happened: Seaport Research Partners analyst Jay Goldberg said Intel's revenue forecast missed estimates on weak PC processor demand and Why it matters: Goldberg said supply constraints will stay a big swing factor because demand for Intel's server CPUs is strong but the company cannot supply enough, and supply agreements commit capacity to PC customers at the expense of server CPU capacity. Key numbers: Goldberg said Intel warned about supply three quarters ago and missed two quarters ago; the discussion cited a 12% slide for 2026 and a projected 10% decline for next year. Market: -3.6% today ($92.07), +133.8% YTD, 1.1x vol — as of 23:45 UTC Verified: Q3_2026 (Oct 29) EPS $0.52 vs $0.40 est, +30.7% beat; next print ~Jan 28

Seaport Research Partners analyst Jay Goldberg said Intel's revenue forecast missed estimates on weak PC processor demand and

Goldberg said supply constraints will stay a big swing factor because demand for Intel's server CPUs is strong but the company cannot supply enough, and supply agreements commit capacity to PC customers at the expense of server CPU capacity. Key numbers: Goldberg said Intel warned about supply three quarters ago and missed two quarters ago; the discussion cited a 12% slide for 2026 and a projected 10% decline for next year. Market: -3.6% today ($92.07), +133.8% YTD, 1.1x vol — as of 23:45 UTC Verified: Q3_2026 (Oct 29) EPS $0.52 vs $0.40 est, +30.7% beat; next print ~Jan 28