HCLTech vs Intel

HCLTech Newsroom: HCLSoftware to Acquire Robotiq.ai, HCLTech launches AI-powered wealth study, M Group selects HCLTech for AI-led IT transformation, and more

HCLTech's newsroom features multiple press releases: HCLSoftware to acquire Robotiq.ai to enhance HCL UnO Agentic; HCLTech launches first-of-its-kind AI-powered study for wealth management; M Group selects HCLTech for AI-led IT transformation across 200+ locations; HCLTech named Leader in Everest Group's PLM Services PEAK Matrix; HCLTech launches The Silicon Shift report; HCLTech launches HCLTech Pulse; HCLTech named Leader in ISG Procurement Services; HCLTech and CrowdStrike expand partnership; HCLFoundation and UP government extend partnership.

Apple's mixed Q4 results lead to price target raise

Apple reported fiscal Q4 2026 revenue of $114.48 billion, up 12% year-over-year, beating expectations. Earnings per share rose 14% to $2.10. However, guidance for the December quarter, while revenue above forecasts, showed slower Services growth and lower gross margins due to rising memory costs. The stock fell about 3% in after-hours trading before stabilizing. CNBC's Investing Club raised its price target from $340 to $360, maintaining a 'hold' rating. Key highlights include 17.5% growth in iPhone sales, 24% growth in Mac sales, strong performance in Greater China, and the successful launch of the foldable iPhone Duo. The company also repurchased $24 billion in stock during the quarter. CEO John Ternus emphasized the iPhone's role as an AI hub.

• Apple's Q4 FY2026 revenue was $114.48 billion, up 12% year over year, beating estimates of $113.39 billion.
• Earnings per share reached $2.10, up 14% and above the $1.99 consensus.
• Services revenue grew just below 10% to $31.57 billion, slightly missing estimates.

AMD Beats Q3 Estimates, Data Center Revenue Surges 45%

Advanced Micro Devices (AMD) reported third-quarter earnings that beat Wall Street expectations, with revenue jumping 45% year-over-year to $13.38 billion, driven by booming sales of AI chips. Data center revenue nearly doubled, accounting for 64% of total revenue. CEO Lisa Su said she expects server revenue to double year-over-year in 2027 and data center AI growth to accelerate even faster than previously projected. The company's stock rose 8% in extended trading before paring gains amid election results. AMD also highlighted growing adoption of its Helios rack-scale systems by major customers like Meta, Microsoft, Anthropic, OpenAI, and Oracle. The company expects Q4 revenue of about $17 billion, beating estimates. AMD's performance comes amid industry fears of overspending on AI infrastructure, but strong demand for AI chips, especially for agentic AI applications, is fueling growth.

• AMD reported Q3 revenue of $13.38 billion, beating estimates of $13.09 billion.
• Data center revenue nearly doubled year-over-year, now accounting for 64% of total revenue.
• CEO Lisa Su expects server revenue to double in 2027 and data center AI growth to accelerate.

8-K Financial Filing Analysis for Intel (2026-10-29)

On October 29, 2026, Intel Corporation filed a Current Report on Form 8-K under Item 2.02 (Results of Operations and Financial Condition) announcing the release of its financial results for the third quarter ended September 26, 2026. The filing references Exhibit 99.1, an accompanying earnings press release detailing Q3 2026 GAAP and non-GAAP performance metrics, management reconciliations, and forward-looking guidance for the fourth quarter of 2026. The submission serves as the formal SEC furnishing of Intel's quarterly earnings release and associated conference call materials.

• Intel Corporation furnished its Q3 2026 financial results for the fiscal period ended September 26, 2026, via an earnings press release issued on October 29, 2026 (Exhibit 99.1).
• The filing includes forward-looking statements and financial guidance relating to the fourth quarter of fiscal 2026, along with associated non-GAAP reconciliations.
• The report was formally signed and authorized by Executive Vice President and Chief Financial Officer David Zinsner on October 29, 2026.