This strong performance was driven by Intel's cost management efforts and a favorable product mix that emphasized higher-margin offerings. Looking ahead, Intel has adjusted its full-year revenue guidance, projecting $74 billion, reflecting cautious optimism amidst a volatile market landscape. The company also announced its intention to continue its aggressive capital expenditure plans to support its strategic priorities. Amidst these financial results, Intel is navigating a competitive landscape where rivals like AMD and NVIDIA are making significant advancements. The company is determined to regain its competitive edge by accelerating its product development cycles and strengthening its technological innovations. Overall, Intel's Q3 FY 2024 results demonstrate the company's resilience in confronting industry challenges while positioning itself for future growth. Investors will be closely watching how Intel executes its strategies in the coming quarters. Footnotes: