Intel suffers after losing 2.9 billion in the quarter and disappointing with its forecasts

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By TP


Intel 8.53% have fallen in Wall Street pressed by its weak figures of the second quarter of 2025 and for some forecasts that have not convinced the market. In addition, the company plans to reduce the number of employees to 75,000 by the end of the year, which represents a 22% reduction compared to the closure of 2024. Thus, the net loss Intel has been in 2.9 billion dollars compared to the red numbers of 1,610 million dollars of the same period of the previous year. The incomemeanwhile, it has remained practically stable at 12.9 billion of dollars. However, technological has not convinced investors with their guides, since now Wait income for the third quarter of 13,100 million dollars At the midpoint of its range, in the face of the average estimate of analysts of 12,650 million dollars. The chips manufacturer has also advanced reach the balance point in profitswhile the consensus was waiting for 4 cents for action. On the other hand, Lip-Bu Tan, CEO of Intel, has announced Expenditure cuts that put the focus on the Foundry Division of the company. In this sense, the firm has stressed that its foundry business has had an operational loss of 3,170 million dollars over 4.4 billion dollars in revenues. «The changes we are implementing to reduce our operational costsimproving the efficiency of our capital and monetizing non -strategic assets are having a positive impact as we work to strengthen our balance and position the company for the future, «said David Zinsner, Intel Financial Director.» We are totally focused on strengthening our portfolio of main products and our AI roadmap to offer a better service to our customers. We are also taking the necessary measures to build a casting with greater financial discipline. It will take time, but We see clear opportunities to improve our competitive position, increase our profitability and generate long -term value for shareholders«He concluded so.

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