Tag Archives: Intel

Costfoto / NurPhoto via Getty Images Intel reported its latest quarterly financial results Thursday. More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the company’s latest financial results, that it plans …

News Summary Second-quarter revenue was $12.9 billion, flat year-over-year (YoY). Second-quarter earnings (loss) per share (EPS) attributable to Intel was $(0.67); non-GAAP EPS attributable to Intel was $(0.10). $(0.45) impact to GAAP EPS attributable to Intel from $1.9 billion of restructuring charges; $(0.23) and $(0.20) impact to GAAP and non-GAAP EPS attributable …

In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a result of those layoffs. Intel says …

By Arsheeya Bajwa, Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024 and laid out a blueprint of a more streamlined chip manufacturer. Shares of Intel jumped roughly 2% in extended trading. The Santa Clara, California-based …

Intel Stock Rises on Strong Results. The CFO Expects Lower Capex Next Year.  Barron’s Intel beats on revenue, issues better-than-expected forecast  CNBC Intel posts higher revenue and axes European manufacturing sites  Financial Times Intel (INTC) Shares Fall Ahead of Crucial Q2 Report  Yahoo Finance Here’s How Much Traders Expect Intel Stock to Move After Earnings Today  Investopedia Source link

Intel (INTC) is scheduled to report earnings after the closing bell today, with traders anticipating a sizable move from the struggling chipmaker’s stock. Options pricing suggests traders expect Intel’s stock could move more than 7% from its recent level near $23 by the end Friday’s trading session. A move of that scale would lift shares above $24 at the upper end, …

Todd ArcherJul 23, 2025, 05:55 PM ET Close Todd Archer is an NFL reporter at ESPN and covers the Dallas Cowboys. Archer has covered the NFL since 1997 and Dallas since 2003. He joined ESPN in 2010. Training camps have kicked off around the NFL, and our team reporters are on the ground each day following all the action. The …

David NewtonJul 23, 2025, 01:23 PM ET Close David Newton is an NFL reporter at ESPN and covers the Carolina Panthers. Newton began covering Carolina in 1995 and came to ESPN in 2006 as a NASCAR reporter before joining NFL Nation in 2013. Training camps have kicked off around the NFL, and our team reporters are on the ground each …

Nick WagonerJul 22, 2025, 04:10 PM ET Close Nick Wagoner is an NFL reporter at ESPN. Nick has covered the San Francisco 49ers since 2016, having previously covered the St. Louis Rams for 12 years, including three years (2013 to 2015) at ESPN. In over a decade with the company, Nick has led ESPN’s coverage of the Niners’ 2019 and …

Kevin SeifertJul 22, 2025, 03:02 PM ET Close Kevin Seifert is a staff writer who covers the Minnesota Vikings and the NFL at ESPN. Kevin has covered the NFL for over 20 years, joining ESPN in 2008. He was previously a beat reporter for the Minneapolis Star Tribune and Washington Times. He is a graduate of the University of Virginia. …