{"id":7608,"date":"2025-07-24T20:20:50","date_gmt":"2025-07-24T20:20:50","guid":{"rendered":"https:\/\/stoxpo.com\/?p=7608"},"modified":"2025-07-24T20:20:50","modified_gmt":"2025-07-24T20:20:50","slug":"intel-beats-on-revenue-misses-on-earnings-cuts-workforce-by-15","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2025\/07\/24\/intel-beats-on-revenue-misses-on-earnings-cuts-workforce-by-15\/","title":{"rendered":"Intel Beats on Revenue, Misses on Earnings; Cuts Workforce by 15%"},"content":{"rendered":"\n

Chipmaker reports $12.8B in Q2 revenue, restructures amid competitive pressure and manufacturing pivot<\/h4>\n\n\n\n

Intel (INTC) posted second-quarter results Thursday that exceeded Wall Street\u2019s revenue expectations but missed on earnings per share (EPS), citing impairment charges. The company also announced a significant workforce reduction, planning to trim headcount by 15%\u2014down to approximately 75,000 employees by year-end\u2014as part of broader restructuring efforts.<\/p>\n\n\n\n

Intel shares rose more than 2% in after-hours trading following the report.<\/p>\n\n\n\n

For Q2, Intel reported an adjusted EPS loss of $0.10 on revenue of $12.8 billion. Analysts had projected a modest $0.01 profit on $11.8 billion in revenue, according to Bloomberg consensus estimates. The same quarter last year saw Intel break even at $0.02 EPS with the same revenue figure.<\/p>\n\n\n\n

Despite the beat on top-line performance, Intel\u2019s Products business, which includes client PCs and data center chips, delivered a disappointing $7.9 billion in revenue\u2014well below the anticipated $10.9 billion. The company continues to face stiff competition from AMD and Qualcomm, both of which are gaining ground in the PC and AI chip segments.<\/p>\n\n\n\n

Intel\u2019s Foundry segment, its effort to manufacture chips for third-party customers, posted $4.2 billion in revenue, slightly under forecasts but still up 2% year-over-year. The unit is central to CEO Pat Gelsinger\u2019s turnaround strategy, though its progress has been mixed.<\/p>\n\n\n\n

Intel previously secured chip-making deals with Microsoft and Amazon using its 18A process, but reports suggest it may pivot to promoting its upcoming 14A technology due to cost and efficiency considerations.<\/p>\n\n\n\n

With a $98 billion market cap, Intel trails far behind AMD ($262B) and AI powerhouse Nvidia (over $4T). The company is aggressively cutting costs, reportedly closing its automotive unit, outsourcing marketing functions, and reducing factory staffing.<\/p>\n\n\n\n

Intel’s future hinges on its ability to regain leadership in chip manufacturing while navigating fierce industry competition and evolving technology demands.<\/p>\n\n\n\n

You might like this article:Accelerant Soars in NYSE Debut, Valued at $6.4 Billion<\/mark><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chipmaker reports $12.8B in Q2 revenue, restructures amid competitive pressure and manufacturing pivot Intel (INTC) posted second-quarter results Thursday that exceeded Wall Street\u2019s revenue expectations but missed on earnings per share (EPS), citing impairment charges. The company also announced a significant workforce reduction, planning to trim headcount by 15%\u2014down to approximately 75,000 employees by year-end\u2014as […]<\/p>\n","protected":false},"author":2,"featured_media":1787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"8","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar-narrow","sidebar":"author","second_sidebar":"single-right","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"0","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"jnews_post_split":{"enable_post_split":"0","post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]}},"categories":[361,312],"tags":[577,465,420,421,597,416,418,392,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/7608"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=7608"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/7608\/revisions"}],"predecessor-version":[{"id":7609,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/7608\/revisions\/7609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/1787"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=7608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=7608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=7608"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=7608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}