Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 earnings and layoff announcement, threatening to erase

Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of identifying investors, the chipmaker said on Friday, as new CEO Lip-Bu Tan looks to streamline its operations.

Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call that turning around the troubled chipmaker would take time.

Intel Corp. gave a stronger-than-anticipated revenue forecast for the current period, offering investors a glimmer of hope as they wait for a turnaround under new Chief Executive Officer Lip-Bu Tan.Third-quarter sales will be $12.

I’m also instituting a policy. Every major chip design needs to be personally reviewed and approved by me before tape out. He says it’ll move Intel “back towards a first time right mindset,” and that he’s already “taken steps to correct past mistakes regarding multi-threading capabilities” in future chips.

Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock fell about 5% in extended trading. Here's how the chipmaker did versus LSEG consensus estimates:

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight quarter.

Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.