Intel publishes the results of the first trimester income

Intel predicts the second trimester's income below City Thursday's estimates, shadowing the first away from Tan Tan's CEO at the top, against the background of the angry business war Sino-US.

Intel's stock has dropped 5.8 % in long transactions.

Dour outlook from Intel can be another source of pessimism for investors who count on tan Rotate the chip maker around After many years of mistake, he has left it to gain a place in the Booming AI market.

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According to data provided by LSEG, California -based Santa Clara is expected to expect $ 11.2 billion to $ 12.4 billion for June three for June.

CFO David Zennerr said the fear of tariffs led customers to the Intel chips, which increased sales in the first quarter. The company was unable to determine the profit and expects to suffer as a result of the second quarter.

“Our guidance in these three months, in the second quarter, reflects this uncertainty due to tariffs,” the asset chief said.

Among your efforts to simplify the company and reduce costs, Intel also said that it was reducing its operating cost to about $ 17 billion in 2025, which has already reduced $ 17.5 billion and now $ 16 billion in 2026.

“There is a lot of Intel bureaucracy that has been built over time,” Zinner told Reuters. “He wants to reduce all this to make engineers more successful and allow them to get products faster. We have to go through all this.”

The head of finance said it is still unclear how reconstruction programs will affect the total number of employees, but the resolution will emerge when the company reports the second trimester results.

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In a note to employees before your first conference contact with analysts as CEO, Tan wrote it Expulsion begins in the second quarter And such changes will focus on reducing the company's internal bureaucracy. Tan also plans to reduce the number and size of internal sessions.

“There is no way about the fact that these important changes will reduce our workforce size,” Tan wrote. “As I said when I join, we have to make very difficult decisions to make your company a firm future.”

With the start of September 1, Intel needs employees to return to the office four days a week.

Tick	Security	The last	Change	Changing %
intc	Intel Company.	21.49	+0.90	+4.37 %

The company has also reduced its gross capital target to $ 18 billion for 2025, down from $ 20 billion.

“Intel is taking the necessary steps to perform better and more efficiently throughout the business,” the company said in a statement. The plan involves simplifying the organization, eliminating management layers. “

While the US President Donald Trump Currently, it has saved chips from tariffs, Beijing's retaliatory taxes in the US -made semiconductors The prospect of selling Intel to China is typically its largest market.

The chips produced in the United States, according to a declaration of the China Semi -Hadi Industry Association, will face 85 % or higher in early April.

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China imports $ 10 billion of chips annually from the United States. About $ 8 billion of these major processing units (CPUs) has been assembled by Intel in the United States, according to Bernstein analysts.

Intel's first quarter income Was flat with $ 12.67 billion. These results reduced $ 12.30 billion.

The company expects the second trimester of the adjustable profit per share, compared to the estimation of 6 cents per share.

“The cautious outlook (second trimester) includes tariff uncertainties with competitive environment in both PC customers and datacenter markets,” said Kinngai Chan, a Summit Insight analyst.

Intel has committed the company's finances to make the company a chip manufacturer, a strategy that won the championship by Pet Golinger, as soon as we poured billions of dollars to launch advanced production facilities.