Intel | 10-Q: Q2 2025 Earnings Report

Intel reported Q2 2025 revenue of $12.9 billion, flat year-over-year, with a net loss of $3.0 billion. Client Computing Group revenue declined 3% to $7.9 billion due to lower volumes, while Data Center and AI revenue grew 4% to $3.9 billion driven by higher hyperscale demand. The company recorded $1.9 billion in restructuring charges as part of a new cost-cutting initiative.The company announced a major restructuring plan aimed at streamlining operations and reducing its core workforce by 15% by end of 2025. Intel also recorded $797 million in non-cash impairment and accelerated depreciation charges related to manufacturing assets, reflecting an evaluation of process technology capacity versus projected demand. The restructuring is expected to generate approximately $1.9 billion in total charges.Intel's foundry segment posted an operating loss of $3.2 billion, while gross margin declined to 27.5% from 35.4% year-over-year. The company is evaluating the continued development of its Intel 14A node, stating it may pause or discontinue pursuit if unable to secure significant external customers. Management maintained the option to use external foundries for future products requiring nodes beyond Intel 18A.

Intel reported Q2 2025 revenue of $12.9 billion, flat year-over-year, with a net loss of $3.0 billion. Client Computing Group revenue declined 3% to $7.9 billion due to lower volumes, while Data Center and AI revenue grew 4% to $3.9 billion driven by higher hyperscale demand. The company recorded $1.9 billion in restructuring charges as part of a new cost-cutting initiative.The company announced a major restructuring plan aimed at streamlining operations and reducing its core workforce by 15% by end of 2025. Intel also recorded $797 million in non-cash impairment and accelerated depreciation charges related to manufacturing assets, reflecting an evaluation of process technology capacity versus projected demand. The restructuring is expected to generate approximately $1.9 billion in total charges.Intel's foundry segment posted an operating loss of $3.2 billion, while gross margin declined to 27.5% from 35.4% year-over-year. The company is evaluating the continued development of its Intel 14A node, stating it may pause or discontinue pursuit if unable to secure significant external customers. Management maintained the option to use external foundries for future products requiring nodes beyond Intel 18A.