Intel reported $16.5 billion in Q3 2026 revenue, with data center revenue rising 78% to $7.3 billion, while PC revenue fell 5% to $8.1 billion, and a factory explosion could result in about $600 million in revenue losses.
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Intel’s Data Center Business Is Now Almost As Big As Its PC Division After A 78% Surge, While Q4 Guidance Hints At Softer Revenue And Thinner Margins
Intel reveals $600 million revenue impact from factory explosion as PC demand weaken
Intel's Q3 2026 data center and AI group revenue reached $7.3 billion, a 78% year-over-year increase, while the PC segment declined 5% to $8.1 billion, according to the company's financial results.
A factory explosion at Intel's Kiryat Gat facility could result in about $600 million in revenue losses over two quarters, with CFO David Zinsner confirming approximately $300 million impact on the fourth quarter and reduced gross margins by around 200 basis points.
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