Intel to report Q2 earnings
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Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find out why INTC stock is a Hold.
Intel CEO Lip-Bu Tan remained upbeat as the chip maker disclosed a $2.9 billion loss for the second quarter of 2025, compared to a $1.6 billion loss in the same quarter from a year ago.
Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several large-scale chip factory
Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may emerge within 1-2 years. See more on INTC here.
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Benzinga on MSNIntel Beats Q2 Earnings, Sees 'Clear Opportunities' To Enhance Competitive PositionIntel reported second-quarter revenue of $12.86 billion, beating analyst expectations of $11.91 billion, according to Benzinga. The chipmaker posted an adjusted loss of 10 cents per share, missing the forecasted gain of one cent.
Intel Corporation INTC reported mixed second-quarter 2025 results, with revenues beating the Zacks Consensus Estimate but the adjusted earnings missing the same. Despite solid traction from an accelerated ramp-up of artificial intelligence (AI) PCs,
Analyst Jeff Pu said that Apple could be among the customers considering Intel’s upcoming 14A process for future M-series chips.
Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the direction of new CEO Lip-Bu Tan, according to a Friday report.
Intel (NASDAQ:INTC) served up mixed Q2 results with a flat $12.9 billion revenue beat the $11.88 billion consensus but adjusted EPS of ?$0.10 missed the $0.01 estimate as $1.9 billion in restructuring,