Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm, against the backdrop of a raging Sino-U.S. trade war. Intel shares were down 5.8% in extended trading.The dour outlook from Intel could be another source of pessimism for investors who are counting on Tan to turn the chipmaker around after years of missteps have left it struggling to gain a foothold in the booming AI market. GOOGLE PARENT ALPHABET BUY ...

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient. He said there would be a reduction in employees but he did not announce an exact number of layoffs as expected.Bloomberg reported that Intel is rumored to be preparing to lay off as many as 20% of its workers, which at the end of 2024 was about 108,900 people. A 20% cut would amount to roughly 21,780 jobs lost. And while the changes Tan announced today could result in considerab ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Exhibit 99.1 Intel Corporation 2200 Mission College Blvd. Santa Clara, CA 95054-1549 News Release Intel Reports First-Quarter 2025 Financial Results News Summary SANTA CLARA, Calif., April 24, 2025 – Intel Corporation today reported first-quarter 2025 financial results. "The first quarter was a step in the right direction, but there are no quick fixes as we work to get back on a path to gaining market share and driving sustainable growth," said Lip-Bu Tan, Intel CEO. "I am taking swift actions to drive bett ...

Intel Corporation INTC will release earnings results for the first quarter, after the closing bell on Thursday, April 24.Analysts expect the Santa Clara, California-based company to report quarterly earnings at $0 per share, down from 18 cents per share in the year-ago period. Intel projects to report quarterly revenue at $12.30 billion, compared to $12.72 billion a year earlier, according to data from Benzinga Pro.Intel reportedly plans to reduce more than 20% of its workforce as part of a major overhaul u ...

Intel will be reporting its first-quarter earnings on Thursday. Wall Street expects one cent in EPS and $12.30 billion in revenues as the company reports after market hours.The stock is down 39% over the past year, but has gained nearly 4% year to date.Let's look at what the charts indicate for Intel stock and how the stock currently maps against Wall Street estimates.Intel Stock Chart Giving Mixed Signals Ahead Of Q1 Earnings Chart created using Benzinga ProIntel's stock chart is sending mixed signals as t ...

Qualcomm Technologies Inc. (QCOM) and Intel Corporation (INTC) are two leading players in the semiconductor industry. Qualcomm’s offering includes high-performance, low-power chip designs for mobile devices, PCs, XR, automotive, wearable, robotics, connectivity, and AI use cases. The company boasts a comprehensive intellectual property portfolio comprising 3G, 4G, 5G and other technologies.Intel, boasts a strong position in designing and manufacturing semiconductor solutions which are integrated in Intel pr ...

Intel (INTC) is scheduled to report first-quarter 2025 results on April 24 after market close. Let’s take a closer look at its fundamentals ahead of the earnings release.After a dreadful performance last year, Intel has shown an impressive comeback and proved to be a resilient semiconductor stock amid the current market chaos, triggered by trade and tariff gyrations. Intel has shed about 2.4% so far this year, outperforming the industry’s average decline of 26.7%. The outperformance is likely to continue, g ...

Core Viewpoint - Intel Corp is experiencing a significant stock movement, with a 5.6% increase in pre-market trading following reports of planned layoffs exceeding 20% of its workforce as part of a restructuring effort under new CEO Lip-Bu Tan [1] Group 1: Stock Performance - Intel stock has declined 14.1% this month but is attempting a rebound, aiming to open above the $20 level, which may help erase its 2.7% year-to-date deficit [2] - Despite a steep 43.3% loss over the last 12 months, the current surge may assist in reclaiming support at its short-term 10-day moving average [2] Group 2: Options Trading - The news of layoffs could lead options traders to unwind some bearish positions, as Intel's 10-day put/call volume ratio is in the 76th percentile of its annual range, indicating a higher-than-usual appetite for puts recently [3] Group 3: Analyst Sentiment - Analyst sentiment is poised for a potential shift, with 31 out of 36 brokerages maintaining "hold" ratings and four labeling it a "strong sell," suggesting that upgrades could provide additional support if Wall Street responds positively to the restructuring plan [4]

Intel Corporation (INTC) is scheduled to report its first-quarter 2025 earnings on April 24, after the closing bell. The Zacks Consensus Estimate for sales and earnings is pegged at $12.32 billion and a penny per share, respectively. Over the past 60 days, estimates for INTC have declined to 47 cents per share from 48 cents for 2025 and decreased from earnings of $1.13 per share to $1.12 per share for 2026.INTC Estimate TrendImage Source: Zacks Investment ResearchEarnings Surprise HistoryThe leading semicon ...