Intel Corporation (INTC) Releases Q2 Financial Results; Beats Revenue Expectations
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On July 24, 2025, Intel Corporation (NASDAQ:INTC) reported its financial performance for Q2, surprising Wall Street with a revenue of $12.86 billion that beat estimates of $11.92 billion. However, the company reported a net loss of $2.9 billion. Lip-Bu Tan, Intel's new CEO, spoke about the company's ongoing sweeping changes, including major layoffs and a sharp cutback in chip factory expansion, aimed at enhancing competitiveness and managing capital allocation more efficiently.
According to the CEO, Intel Corporation (NASDAQ:INTC) has already laid off 15% of its workforce, with plans to end the year with approximately 75,000 employees. Furthermore, planned chip factory projects in Germany and Poland have been halted, while the construction of the cutting-edge factory in Ohio will be slowed down, depending on the market demand and if big customers for the facility can be secured. Meanwhile, the company's foundry business remains a challenge as it posted a $3.17 billion loss.
Intel Corporation (NASDAQ:INTC) reported a slight dip in its PC chip sales and a 4% increase in its data center revenue. The CEO expects a revenue of $13.1 billion for Q3, with the goal of breaking even as it regains market share.
Intel Corporation (NASDAQ:INTC) designs and manufactures computing products for tech companies worldwide. It is one of the best ESG stocks.
While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: and 11 Best Mineral Stocks to Buy According to Hedge Funds.
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