secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000050863-24-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intel Q1 revenue $12.7B (+9% YoY) but GAAP EPS -$0.09; Q2 revenue guide $12.5-13.5B, EPS guided -$0.05
--------------------------------------------------------------------------------

- Q1 revenue $12.7B, up 9% YoY; GAAP net loss $0.4B ($0.09 loss per share); non-GAAP net income $0.8B ($0.18 EPS).
- CCG revenue $7.5B (+31% YoY), DCAI $3.0B (+5%), NEX $1.4B (-8%), Intel Foundry $4.4B (-10%).
- Q2 2024 guidance: revenue $12.5-13.5B; GAAP EPS loss $(0.05); non-GAAP EPS $0.10.
- Quarterly dividend $0.125/share, payable June 1 to holders of record May 7.
- Intel Foundry lifetime external deal value >$15B; AI PC shipments exceed 5M units since Dec 2023 launch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000005086324000074/0000050863-24-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000005086324000074/intc-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000050863-24-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer