英特尔股价收跌约29%：四季度指引低于预期、以色列晶圆厂爆炸拖累展望
英特尔（Intel）股价10月30日收跌约29%，收于每股65.76美元，较前一交易日收盘价92.07美元下跌28.6%，创下1970年代以来最差单日表现。这家总部位于美国加利福尼亚州 Santa Clara 的芯片制造商此前一天公布的第四季度指引低于华尔街预期，拖累整个半导体板块走低。
据路透社报道，英特尔预计第四季度营收在150亿至160亿美元之间，低于 LSEG 汇总的分析师平均预期170.7亿美元；调整后每股收益预计为0.25美元，低于预期的0.43美元。公司财务长 David Zinsner 表示，个人电脑市场的放缓至少会持续到2027年上半年，公司今年不预期实现正现金流。
拖累指引的还有一桩工厂事故。英特尔位于以色列 Kiryat Gat 的晶圆厂10月发生爆炸，工厂停工两周，公司仍在评估哪些晶圆可以挽救使用。Zinsner 对路透社表示，这起事故使第四季度营收展望减少约3亿美元、毛利率受拖累约200个基点，预计第一季度还会有类似规模的影响。该厂主要以 Intel 10 制程生产数据中心芯片。
业绩本身并不弱：英特尔第三季度营收165.1亿美元、同比增长21%，与市场预期基本一致，调整后每股收益0.52美元、高于预期的0.40美元；但个人电脑芯片业务收入下降5%至81亿美元，低于预期的89.8亿美元，公司预计该业务第四季度收入将环比下降逾20%。同日，AMD、Arm、高通、英伟达、博通与美光等芯片股下跌约2%至10%。美国政府持有英特尔约10%的股份，这轮大跌使其持股账面价值一天缩水约120亿美元。英特尔今年已把2026年资本开支预期上调至200亿美元，并表示2027年还会大幅增加，以扩建制造产能。
关联：英特尔第三季度营收165亿美元增21%：数据中心收入73亿美元增78%创15年最快，净利33亿美元
Intel Shares Close Down About 29%: Fourth-Quarter Guidance Misses Expectations as Israel Fab Blast Weighs on Outlook
Intel shares closed down about 29% on October 30, ending at $65.76 a share, a drop of 28.6% from the previous close of $92.07 and the stock's worst single day since the 1970s. The plunge followed fourth-quarter guidance from the Santa Clara, California-based chipmaker that fell short of Wall Street expectations and dragged the wider semiconductor sector lower.
Intel forecast fourth-quarter revenue of $15 billion to $16 billion, below the average analyst estimate of $17.07 billion compiled by LSEG, and adjusted earnings of 25 cents a share, trailing estimates of 43 cents, according to Reuters. Chief Financial Officer David Zinsner said the slowdown in the personal computer market would continue at least through the first half of 2027, and that Intel does not expect positive cash flow this year.
A factory accident also weighed on the outlook. An explosion in October at Intel's wafer plant in Kiryat Gat, Israel, idled the fab for two weeks, and the company is still assessing which wafers can be salvaged. Zinsner told Reuters the incident cut the fourth-quarter revenue outlook by roughly $300 million and gross margins by about 200 basis points, with a similar revenue impact expected in the first quarter. The plant mainly produces data-center chips on the Intel 10 process.
The results themselves were solid: third-quarter revenue rose 21% to $16.51 billion, largely in line with estimates, and adjusted profit of 52 cents a share beat expectations of 40 cents. But PC chip sales fell 5% to $8.10 billion, missing estimates of $8.98 billion, and Intel expects that segment's revenue to fall by more than 20% in the fourth quarter. Shares of AMD, Arm, Qualcomm, Nvidia, Broadcom and Micron fell between about 2% and 10% the same day. The U.S. government holds roughly 10% of Intel, and the sell-off cut the value of that stake by about $12 billion in one session. Intel has raised its 2026 capital spending forecast to $20 billion and says spending will increase significantly in 2027 as it expands manufacturing capacity.
Related: Intel Third-Quarter Revenue Rises 21% to $16.5 Billion as Data Center Revenue Jumps 78%
来源：GSM·美国（原文链接）
图片来源：图：英特尔位于 Oregon 州 Hillsboro 的 Ronler Acres 园区正门，园区标识清晰。Steve Morgan 摄，CC BY-SA，经 Wikimedia Commons。 / The main entrance to Intel's Ronler Acres campus in Hillsboro, Oregon. Photo by Steve Morgan, CC BY-SA, via Wikimedia Commons.
