🔹 Revenue: $12.86 B (Est. $11.88 B) 🟢; flat YoY
🔹 Adj. EPS: –$0.10 (Est. $0.011) 🔴
🔹 Adj. Gross Margin: 29.7% (Est. 36.5%) 🔴
Guidance
🔹 Q3 Revenue: $12.6 B–$13.6 B (Est. $12.64 B) 🟡
🔹 2025 CapEx: ~$18 B
Segment Performance
🔹 Client Computing Group (CCG): $7.9 B; DOWN –3% YoY
🔹 Data Center & AI (DCAI): $3.9 B; UP +4% YoY
🔹 Total Intel Products: $11.8 B; DOWN –1% YoY
🔹 Intel Foundry: $4.4 B; UP +3% YoY
🔹 All Other: $1.1 B; UP +20% YoY
Other Key Metrics
🔹 Cash from Operations: $2.1 B
🔹 Restructuring Charges: $1.9 B (impacted GAAP EPS by $0.45)
🔹 Impairment & One‑Time Costs: $1.0 B + $0.2 B
CEO & CFO Commentary
🔸 “Our operating performance demonstrates the initial progress we are making to improve our execution and drive greater efficiency.” — Lip‑Bu Tan
🔸 “The changes we are making to reduce our operating costs, improve our capital efficiency and monetize non‑core assets are having a positive impact.” — David Zinsner
