---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-24-000147"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:44:44.871048+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intel Q3 GAAP EPS $(3.88) on $15.9B charges; to cut 16,500 jobs

## Summary
- Q3 revenue $13.3B (down 6% YoY); GAAP EPS $(3.88) vs $(0.07) YoY.
- Non-GAAP EPS $(0.46); guided Q4 non-GAAP EPS $0.12.
- Approved headcount reduction of 16,500; $2.8B restructuring charges in Q3.
- $15.9B impairment charges, including $9.9B tax-valuation allowance and $2.9B goodwill (Mobileye).
- Q4 revenue forecast $13.3-14.3B; GAAP gross margin 36.5%.

## SEC filing metadata
- accession: 0000050863-24-000147
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086324000147/0000050863-24-000147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086324000147/intc-20241028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-24-000147
- JSON: https://secwatch.observer/filing/0000050863-24-000147.json
- Plain text: https://secwatch.observer/filing/0000050863-24-000147.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.