US chipmaker Intel Q2 revenue up
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Intel cuts back spending, workforce
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Intel Slides
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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 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,
Intel (NASDAQ:INTC) released its second quarter 2025 financial results after the market closed on Thursday, July 24, with mixed results as the company continues to reshape its strategy under the leadership of CEO Lip-Bu Tan.
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.
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Investor's Business Daily on MSNIntel Clears Low Bar For Q2 Sales. Stock Rises Late.Intel beat low expectations for revenue in the second quarter but posted a surprise loss. Still, Intel stock rose in extended trading.
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.
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global silicon boom.