---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-25-000070"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:28:51.742646+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Intel Q1 rev flat at $12.7B, GAAP EPS $(0.19); Q2 guidance weak, cost cuts announced

## Summary
- Q1 revenue $12.7B flat YoY; GAAP EPS $(0.19), non-GAAP EPS $0.13.
- Q2 guidance: revenue $11.2-12.4B, GAAP EPS $(0.32), non-GAAP EPS $0.00.
- 2025 non-GAAP op. expense target cut to $17B (from $17.5B); 2026 target $16B.
- Gross capex target for 2025 reduced to $18B from prior $20B.
- CEO Lip-Bu Tan says 'no quick fixes' and launches efficiency initiative.

## SEC filing metadata
- accession: 0000050863-25-000070
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086325000070/0000050863-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086325000070/intc-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-25-000070
- JSON: https://secwatch.observer/filing/0000050863-25-000070.json
- Plain text: https://secwatch.observer/filing/0000050863-25-000070.txt

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