Intel's outlook for the fourth quarter of 2024

Intel expects revenue in the fourth quarter of 2024 to be between $13.3 billion and $14.3 billion, which is lower than $15.4 billion in the same period last year, but the company has updated its product lineup. In addition, Intel also expects its GAAP gross margin to decline to 36.5%, reflecting the impact of more competitive products and lack of expenses.