Intel's Q3 revenue is expected to be $16.4 billion to $16.8 billion, with adjusted earnings per share of $0.40 to $0.45

Odaily reports that qinbafrank posted on X platform stating that Intel will release its Q3 earnings report before dawn tomorrow. He expects third-quarter revenue of $16.4 billion to $16.8 billion, with a midpoint of approximately $16.6 billion; adjusted earnings per share of $0.40 to $0.45, with a midpoint of approximately $0.42; and adjusted gross margin of 42% to 43%. He expects the company's fourth-quarter revenue guidance midpoint to be $17.1 billion to $17.5 billion, adjusted earnings per share guidance midpoint of $0.44 to $0.50, and adjusted gross margin guidance of approximately 42.5% to 44%.