Intel (INTC) Stock $58.66 Pre-Market as AMD Jumps on Its…
By Tobi Opeyemi Amure
AI summary of the source article
Intel shares dropped over 3 percent in pre-market trading to $58.66 on Wednesday, while competitor AMD climbed about 7 percent following its third-quarter earnings report.
Key facts
- Intel traded at $58.66 in Wednesday pre-market, down 3.1 percent from Tuesday's $60.55 close.
- AMD reported third-quarter revenue of $13.38 billion versus $13.09 billion expected, with data center revenue reaching a record $8.55 billion.
- Intel previously guided fourth-quarter revenue to $15-$16 billion, missing expectations of roughly $17 billion.
Source excerpt · FinanceFeeds
Updated 4 November 2026, during the US pre-market. Intel (INTC) traded at $58.66 at 8:09 am ET on Wednesday, down 3.1 percent from Tuesday’s $60.55 close (StockAnalysis; Yahoo Finance showed $58.75, down 3.0 percent, a minute later). AMD, its closest rival, was up about 7 percent in the same session after beating estimates overnight (Reuters). […]