According to CoinMeta, Intel released its third-quarter financial report. The adjusted earnings per share were $0.52, compared to an expectation of $0.41; revenue was $16.51 billion, versus an expectation of $16.54 billion. The adjusted gross margin was 44.1%, compared to an expectation of 42.1%; the adjusted operating margin was 19.6%, compared to an expectation of 16.5%. Client-side revenue was $8.1 billion, compared to an expectation of $8.82 billion. Data center revenue from AI was $7.32 billion, compared to an expectation of $6.67 billion; Intel Foundry's revenue was $6.7 billion, compared to an expectation of $6.12 billion. The adjusted free cash flow was $1.64 billion, compared to an expectation of $2.98 billion. Intel expects the adjusted earnings per share in the fourth quarter to be $0.25, compared to an expectation of $0.43; revenue is expected to be between $15 and $16 billion, versus an expectation of $17.05 billion. The adjusted gross margin is expected to be 38%, compared to an expectation of 42.8%. In addition, Intel predicts that the PC market will experience a decline in the second half of 2027.