Intel returns to profit after six straight quarterly losses; CFO David Zinser tells what its to have the US government as Intel’s biggest shareholder
Intel is back in profit. The chip giant snapped its losing streak of six straight quarterly losses and returned to profitability in the third quarter. The American chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026. This is Intel’s first earnings report since the Donlad Trump administration acquired…