Intel to report Q2 earnings
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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.
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 Corporation, NVIDIA Corporation, ASML Holding NV, Advanced Micro Devices Inc. Read 's Market Analysis on Investing.com
Intel Corporation ( NASDAQ: INTC) Q2 2025 Earnings Conference Call July 24, 2025 5:00 PM ET David A. Zinsner - Executive VP & CFO John William Pitzer - Corporate Vice President of Corporate Planning & Investor Relations Lip-Bu Tan - CEO & Director
The layoffs were confirmed in Intel’s official press release for Q2 2025. In it, Intel says that the layoffs will make the company “flatter” and “agile.” By the end of 2025, Intel expects to have around 75,000 employees.
INTC) on Thursday reported a loss of $2.92 billion in its second quarter. On a per-share basis, the Santa Clara, California-based company said it had a loss of 67 cents. Losses, adjusted for one-time gains and costs,
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.