Intel, Drop Chip and Deep Job Cuts
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Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find out why INTC stock is a Hold.
Intel CEO Lip-Bu Tan remained upbeat as the chip maker disclosed a $2.9 billion loss for the second quarter of 2025, compared to a $1.6 billion loss in the same quarter from a year ago.
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Cryptopolitan on MSNIntel stock plunges after CEO’s strategy shiftOn Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense reductions at the expense of the company’s
Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may emerge within 1-2 years. See more on INTC here.
Intel delivered better-than-expected revenue for its second quarter and issued a fairly positive outlook for its third quarter, but other moves were in the spotlight as the company report | Intel CEO Lip Bu-Tan backed the company's 18A process technology as it continues to cut jobs and pull back on its factory build-outs.
Intel (NASDAQ:INTC) served up mixed Q2 results with a flat $12.9 billion revenue beat the $11.88 billion consensus but adjusted EPS of ?$0.10 missed the $0.01 estimate as $1.9 billion in restructuring,
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Investor's Business Daily on MSNIntel Clears Low Bar For Q2 Sales. Stock Wavers Late.Intel beat low expectations for revenue in the second quarter but posted a surprise loss. Intel stock wavered in extended trading.
Analyst Jeff Pu said that Apple could be among the customers considering Intel’s upcoming 14A process for future M-series chips.
Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to fall.