Intel has reported a net profit of $4.1bn for the third quarter of 2025 (Q3 2025), reversing a $16.6bn loss in the same period a year earlier.

The company’s net revenue for the quarter stood at $13.7bn, a 3% increase over the $13.3bn reported in the third quarter of 2024 (Q3 2024).

Operating cash flow for the period reached $2.5bn.

For the fourth quarter of 2025 (Q4 2025), the company forecasts revenue between $12.8bn and $13.8bn, with expected earnings per share (EPS) attributable to Intel of $(0.14) and non-GAAP EPS of $0.08.

Intel CEO Lip-Bu Tan said: “Our Q3 results reflect improved execution and steady progress against our strategic priorities.

“AI is accelerating demand for compute and creating attractive opportunities across our portfolio, including our core x86 platforms, new efforts in purpose-built ASICs and accelerators, and foundry services.”

Intel secured an $8.9bn funding agreement with the Trump Administration to support domestic technology and manufacturing. Of this, the company received $5.7bn during the reported quarter.

In September, the company deconsolidated Altera from its financial statements following the sale of 51% of shares in the latter.

Intel gained $5.2bn from the completion of the Altera deal and from the sale of a stake in Mobileye.

The company also disclosed a collaboration with Nvidia to co-develop new data centre and PC products. This partnership will see the integration of Intel CPUs and x86 technologies with Nvidia’s AI and accelerated computing platforms via NVLink.

Nvidia also committed to a $5bn investment in Intel common stock.

Intel also secured an investment of $2bn from SoftBank Group. The Japanese group expects Intel to play a central role in expanding advanced semiconductor manufacturing in the US.

Intel chief financial officer David Zinsner said: “We took meaningful steps this quarter to strengthen our balance sheet, including accelerated funding from the US Government and investments by Nvidia and SoftBank Group that increase our operational flexibility and demonstrate the critical role we play in the ecosystem.”

During the third quarter, the company released the architecture for its Intel Core Ultra series 3 processors, code-named Panther Lake, the first client System on a Chips (SoCs) built on Intel 18A process technology.

In the same quarter, the company also extended its partnership with Microsoft through integration of Intel vPro manageability with Microsoft Intune and collaboration on Windows ML.

The company also shared initial details of its next-generation server processor, Intel Xeon 6+ (Clearwater Forest), and introduced Crescent Island, a new inference-optimised graphics processing unit (GPU) for token clouds and enterprise workloads.

It reported that Fab 52 at the Ocotillo site in Chandler, Arizona is now fully operational. This fab produces Intel 18A wafers and is part of the company’s ongoing investment in US manufacturing capacity.