Intel’s Q3 2024 results beat forecasts, raising its stock by 10% after hours. The company posted $13.3 billion in revenue and a $0.46 per-share loss, impacted by a $3.1 billion charge. Intel’s Q4 outlook is strong, with higher-than-expected revenue and earnings forecasts, while its $10 billion cost-cutting plan is underway, including a 16,500 employee reduction.
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