earnings
confidence high
sentiment negative
materiality 0.90
INTEL CORP (INTC): restructuring charge — Intel Q2 revenue flat at $12.9B, GAAP EPS $(0.67); announces restructuring plan with $1.9B charges, workforce cut 15%
INTEL CORP
2025-Q2 EPS reported
-$0.86
revenue$25,526,000,000
- GAAP EPS $(0.67) and non-GAAP EPS $(0.10); revenue $12.9B flat YoY.
- Restructuring charges of $1.9B in Q2; workforce reduction of 15% targeting ~75,000 employees by year-end.
- Halting projects in Germany and Poland; consolidating Costa Rica assembly/test into Vietnam and Malaysia; slowing Ohio construction.
- Q3 guidance: revenue $12.6B–$13.6B, GAAP EPS $(0.24), non-GAAP EPS $0.00; additional $800M impairment and $200M one-time costs.