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Intel Earnings: What's Next After Big Layoffs?
NEW ALBANY, OHIO, UNITED STATES, JUL 23 – Intel expects a $1.25 billion net loss this quarter as CEO Lip Bu-Tan prioritizes next-generation 14A chip technology amid ongoing strategic challenges and competition.
- Thursday's earnings call has Intel slated to report its sixth consecutive net loss, while revenue is expected to drop for a fifth straight quarter according to LSEG data.
- Amid years of strategic missteps, Intel's new CEO Lip Bu-Tan is pivoting to 14A, after his predecessor invested heavily in less efficient 18A technology.
- Texas Instruments shares fell 11% after hours on Tuesday, while ASML and TSMC warned tariff-related uncertainty has muddied their outlook and Intel's foundry unit is expected to generate $4.49 billion in second-quarter sales, analysts said.
- So far this year, Intel's stock has risen 16% compared with a 13.23% rise in the broader chip index, underlining its struggles against peers.
- Market participants will focus on investors watching potential asset sales, management flattening or expanded global layoffs announced last year, and shareholders eager to learn CEO Lip Bu-Tan's plans for the contract manufacturing business.
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14 Articles
14 Articles
Intel’s CEO Needs a Path to Profits to Win Over Stock Skeptics
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call that turning around the troubled chipmaker would take time. That was three months ago — and they’re already losing patience.
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Coverage Details
Total News Sources14
Leaning Left4Leaning Right0Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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