secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000050863-24-000086
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Intel says US revoked export licenses for China customer; Q2 revenue to be below midpoint
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- US Dept of Commerce revoked certain export licenses for consumer-related items to a China customer, effective May 7, 2024.
- Q2 2024 revenue guidance maintained at $12.5-13.5B but now expected below midpoint.
- Full-year 2024 revenue and EPS still expected to grow YoY vs 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000005086324000086/0000050863-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000005086324000086/intc-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000050863-24-000086

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