CEO Lip-Bu Tan said that artificial intelligence "is a strong foundation for sustainable long-term growth.

Intel reported third-quarter results on Thursday in which sales beat analyst estimates, signaling that demand for its core x86 processors for PCs has recovered.

The chipmaker reported higher-than-expected revenue on Thursday, and its stock price has risen more than 90 percent since August.

The company tops Q3 2025 forecasts with higher sales and profit.

Intel has been on a parabolic move higher and the third quarter earnings report confirmed that this battered and bruised former chip champion is back.

CEO Lip-Bu Tan said that artificial intelligence "is a strong foundation for sustainable long-term growth.