Earnings Live: Coverage of Intel’s Quarterly Numbers

Intel CEO on layoffs: 'Hard but necessary decisions'

Intel reported $12.9 billion in revenue for its second quarter, which was $1.1 billion above initial projections, according to the earnings call.

Earnings Live: Coverage of Intel’s Quarterly Numbers

Live Updates Live Coverage Has Ended Margins & Cost Pressure 4:12 pm GAAP gross margin dropped to 27.5% (from 35.4%). Non-GAAP margin fell to 29.7%, impacted by $800M in impairments and one-time costs. Despite aggressive cost-cutting, structural profitability remains elusive. Intel still targets $17B in non-GAAP OpEx for 2025 and $16B in 2026. Intel Foundry Progress 4:12 pm Intel’s Foundry business grew 3% YoY to $4.4 billion, but the com…

Wall Street awaits Intel’s turnaround update

The struggling American chip icon is due to report Q2 numbers after the close....

Intel confirms Q2 losses in its latest financial reports

Intel has reported its Q2 earnings, reporting losses of $2.9 billion and lowering product revenues. Not a good looks for Intel.