Intel, Earnings Call
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Intel plans to slash 25,000 jobs in 2025
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Q2 2025 Management View CEO Lip-Bu Tan stated that "we had a solid Q2 with revenue above the high end of our guidance," emphasizing strong demand and team execution. He noted headline profitability was impacted by one-time items and impairments but highlighted underlying operating performance
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's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are neutral on INTC stock.
The company has sold off various sectors of its business and is restructuring its stuff, which left this quarter its Q2 2025 in a questionable state.
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
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.