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Intel stock jumps on positive outlook despite Q3 losses

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Intel ( INTC ) reported its Q3 earnings after the bell on Thursday , beating expectations on revenue but falling short on earnings per share due to impairment charges.

For the quarter , Intel saw a loss per share of $ 0.46 on revenue of $13.28 billion .

But positive Q4 guidance and a beat on data center revenue helped send the stock higher by as much as 12% following the report.

The company also said it has two new customers for its 18A processor.