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● NewBusinesswins with Coca-Cola and DoorDash were cited in the summary.
● Rising memory prices are squeezing PC margins and could reduce demand.
● Intel expects PC segment sales to fall more than 20% sequentially.
● Another brokerage upgraded to Outperform with a $95 target.
● Third-quarterRevenuewas $16.5 billion, withData Centerand AI revenue up 78%.
● Capex of $34.9 billion exceededOperating Cash Flowof $32.8 billion.
● SK Hynix fell 8.3% in Seoul and Samsung Electronics 5.9%.
● Third-quarterRevenuewas $218.1 million, up 72% from a year earlier.
● Third-quarter results are due after the close on Tuesday, Nov. 3.
● The company has $750 million of 0% convertible senior notes due 2031.
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