Intel (INTC) Q2 2025

Intel The results of the second quarter were reported on Thursday, which overcame Wall Street’s expectations for revenues, as the new CEO of the oral company Tan announced significant discounts in the construction of the chips factory. The stock decreased about 5 % in extended trading.

Here is how the chips maker did for the estimates of the LSEG consensus:

• Arrow profitsLoss of 10 cents per share, modification.
• profit: 12.86 billion dollars for $ 11.92 billion, estimated

Intel said she expected revenue for the third quarter of $ 13.1 billion in the middle of its scope, for the estimate of the medium analyst of $ 12.65 billion. The chips maker said he expected to break even the profits while analysts were looking for 4 cents profits per share.

For the second quarter, INTEL reported a net loss of $ 2.9 billion, or 67 cents per share, compared to a net loss of $ 1.61 billion, or 38 cents per share, in Year. The company said that the arrow’s profits were not comparable to analysts’ estimates due to the cost of twice the 800 million dollars “related to excess tools without reuse.” This led to the modification of EPS about 20 cents.

The second report of Intel since the lip took the position of CEO in March, and promised to make the chip maker products competitive again, reducing bureaucracy and management classes, including cutting staff in Oregon and California.

In a note of the post -published employees, Tan said that the first few months of his mandate “were not easy.” He said that the company “has completed a majority” planned, which amounts to 15 % of the workforce, and that it plans to end the year with 75,000 employees. Intel previously said she was trying to reduce operating expenses by $ 17 billion in 2025.

Intel shares increased by about 13 % this year as close to Thursday after they decreased 60 % in 2024, that is, its worst year ever.

Tan has also announced many other spending discounts in the memo, especially in the company in charge of the company in charge, which creates chips for other companies and is still looking for a big customer to consolidate the work.

Intel said her work caused by an operational loss of $ 3.17 billion at $ 4.4 billion of revenues.

Tan said that Intel has canceled the plan planned in Germany and Poland, and will unify tests and assembly in Vietnam and Malaysia. He added that the company will slow the pace of building a developed chips in Ohio, depending on the demand for the market, and if it can secure the adult customers of the facility.

“Over the past few years, the company has invested too much, very early – without enough request,” Tan wrote. “In this process, our factory imprint has become unnecessarily fragmented.”

Tan wrote that the process of manufacturing the upcoming chips of the company, which is called 14A, will be built based on the assertive customer obligations.

“There are no empty checks. Every investment must have an economic meaning,” Tan wrote.

The company’s customer computing group, which consists mainly of sales of central processors for computers, amounted to $ 7.9 billion in sales, a 3 % decrease on an annual basis.

Revenue in the Data Center group, which includes some artificial intelligence chips, but often increased central processors for servers, by 4 % to $ 3.9 billion. Tan wrote in his memo that Intel wants to restore her market share in the database chips, and is looking for a permanent leader to work. A long competitor Advanced small devices It was increasingly Winner servant’s work From cloud clients.

Tan added that he will personally review and agree to all chips designs before registering them, which is the last step of the design process before manufacturing a new segment.

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