secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0000050863-25-000107
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intel Q2 revenue flat at $12.9B, GAAP EPS $(0.67); announces restructuring plan with $1.9B charges, workforce cut 15%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/0000050863-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/intc-20250724.htm
  HTML page:      https://secwatch.observer/filing/0000050863-25-000107

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