Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several large-scale chip factory

Q2 2025 Management View CEO Lip-Bu Tan stated that "we had a solid Q2 with revenue above the high end of our guidance," emphasizing strong demand and team execution. He noted headline profitability was impacted by one-time items and impairments but highlighted underlying operating performance

After all, Lip-Bu Tan is not just tweaking the playbook for Intel stock – he’s rewriting it! Since stepping into the role in March 2025, Lip-Bu Tan has initiated a sweeping transformation that diverges sharply from the expansive, capital-heavy strategy of his predecessor, Pat Gelsinger.

Intel Corporation INTC reported mixed second-quarter 2025 results, with revenues beating the Zacks Consensus Estimate but the adjusted earnings missing the same. Despite solid traction from an accelerated ramp-up of artificial intelligence (AI) PCs,

Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.

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 reported second-quarter revenue of $12.86 billion, beating analyst expectations of $11.91 billion, according to Benzinga. The chipmaker posted an adjusted loss of 10 cents per share, missing the forecasted gain of one cent.