{"schema_version":"secwatch.filing_event.v1","accession":"0000050863-25-000107","form_type":"8-K","ticker":"INTC","cik":"0000050863","company_name":"INTEL CORP","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.125687+00:00","generated_at":"2026-05-18T02:47:32.761602+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Intel Q2 revenue flat at $12.9B, GAAP EPS $(0.67); announces restructuring plan with $1.9B charges, workforce cut 15%","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000050863-25-000107","json":"https://secwatch.observer/filing/0000050863-25-000107.json","markdown":"https://secwatch.observer/filing/0000050863-25-000107.md","text":"https://secwatch.observer/filing/0000050863-25-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/0000050863-25-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/intc-20250724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:47:32.761602+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d81081a6eb4f0ed95d3e6fd55c2055f067fc6fd","claim":"INTEL CORP announced a restructuring with charges of $1.9 billion of restructuring charges affecting enterprise-wide (reduce our core Intel workforce by 15% by the end of fiscal 2025).","evidence_excerpt":"The Company expects these headcount reduction initiatives will reduce our core Intel workforce by 15% by the end of fiscal 2025. As a result of initiating and deploying the 2025 Restructuring Plan, the Company expects to recognize $1.9 billion of restructuring charges related to these actions, of which the Company is recognizing $1.8 billion in the second quarter of 2025.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/0000050863-25-000107-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$1.9 billion of restructuring charges"},{"label":"Affected area","value":"enterprise-wide"},{"label":"Headcount","value":"reduce our core Intel workforce by 15% by the end of fiscal 2025"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}