Latest news with #SnapdragonXPlus
Yahoo
24-07-2025
- Business
- Yahoo
Intel beats on Q2 revenue, plans to cut 15% of workforce, cancels factory plans
Intel (INTC) reported its second quarter earnings after the bell on Thursday, beating on revenue but missing on earnings per share (EPS) due to impairment charges. The company said it is also cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Intel also offered an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion. Wall Street was expecting $12.6 billion. The chipmaker's stock initially rose more than 2% following the report, before giving up gains and turning negative. Shares of Intel are off 28% over the last 12 months, though up 13% year to date. Intel's market capitalization as of Thursday was $98 billion. Rival AMD's (AMD) market cap tops out at $262 billion. AI leader Nvidia (NVDA) dwarfs both companies with a market cap north of $4 trillion. For the quarter, Intel saw an adjusted loss per share of $0.10 on revenue of $12.8 billion. Wall Street was anticipating adjusted EPS of $0.01 on revenue of $11.8 billion, based on Bloomberg's analyst consensus data. The company reported adjusted EPS of $0.02 and $12.8 billion in revenue in the same period last year. Intel said it took an $800 million non-cash impairment and accelerated depreciation charges related to "excess tools with no identified re-use" and roughly $200 million one-time period costs for Q2. The company has also canceled planned projects in Germany and Poland and is slowing construction of its facility in Ohio. Read more: Live coverage of corporate earnings Intel's Products business, which includes sales of its laptop and desktop CPUs and data center and AI chips, brought in $11.8 billion versus expectations of $10.9 billion. Intel is dealing with increased competition from AMD (AMD) and the rising threat from Qualcomm (QCOM), which is pushing further into the PC chip space with its Snapdragon X Plus and X Elite chips. Intel's still-nascent Foundry business generated $4.4 billion in revenue versus expectations of $4.3 billion, up 2%. The division, which is meant to produce chips for third-party customers using Intel's processor technology, is still struggling to make meaningful headway. Intel previously announced it reached agreements to build chips for Microsoft and Amazon using its 18A technology, which former CEO Pat Gelsinger championed to help grow the company's manufacturing segment. But according to Reuters, CEO Lip-Bu Tan is considering promoting its next-generation 14A technology to customers. That could mean Intel would face a massive write-down on 18A. However, Intel would still continue to use 18A for its own internal products, including CPUs for consumer and enterprise devices. And an Intel spokesperson said the company had no comment on the matter. Tan has already undertaken or is exploring a number of cost-cutting measures at Intel. According to The Oregonian, the company is shuttering its automotive business, outsourcing marketing jobs, and laying off factory workers. Email Daniel Howley at dhowley@ Follow him on X/Twitter at @DanielHowley. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
Intel stock rises on Q2 revenue beat, plans to cut 15% of workforce
Intel (INTC) reported its second quarter earnings after the bell on Thursday beating on revenue, but missing on earnings per share (EPS) due to impairment charges. The company said it is also cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Intel also offered an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion. Wall Street was expecting $12.6 billion. The chipmaker's stock rose more than 2% following the report. Shares of Intel are off 28% over the last 12 months, though up 13% year to date. Intel's market capitalization as of Thursday was $98 billion. Rival AMD's (AMD) market cap tops out at $262 billion. AI leader Nvidia (NVDA) dwarfs both companies with a market cap north of $4 trillion. For the quarter, Intel saw an adjusted loss per share of $0.10 on revenue of $12.8 billion. Wall Street was anticipating adjusted EPS of $0.01 on revenue of $11.8 billion, based on Bloomberg's analyst consensus data. The company reported adjusted EPS of $0.02 and $12.8 billion in revenue in the same period last year. Intel said it took an $800 million non-cash impairment and accelerated depreciation charges related to "excess tools with no identified re-use" and a roughly $200 million one-time period costs for Q2. The company has also cancelled planned projects in Germany and Poland and slowing construction of its facility in Ohio. Read more: Live coverage of corporate earnings Intel's Products business, which includes sales of its laptop and desktop CPUs and data center and AI chips brought in $11.8 billion versus expectations of $10.9 billion. Intel is dealing with increased competition from both AMD (AMD) and the rising threat from Qualcomm (QCOM), which is pushing further into the PC chip space with its Snapdragon X Plus and X Elite chips. Intel's still-nascent Foundry business generated $4.4 billion in revenue versus expectations of $4.3 billion, up 2%. The division, which is meant to produce chips for third-party customers using Intel's processor technology, is still struggling to make meaningful headway. Intel previously announced it reached agreements to build chips for Microsoft and Amazon using its 18A technology, which former CEO Pat Gelsinger championed to help grow the company's manufacturing segment. But according to Reuters, Tan is considering promoting its next-generation 14A technology to customers. That could mean Intel would face a massive write-down on 18A. However, Intel would still continue to use 18A for its own internal products, including CPUs for consumer and enterprise devices. And an Intel spokesperson said the company had no comment on the matter. Tan has already undertaken or is exploring a number of cost-cutting measures at Intel. According to The Oregonian, the company is shuttering its automotive business, outsourcing marketing jobs, and laying off factory workers. Email Daniel Howley at dhowley@ Follow him on X/Twitter at @DanielHowley.
Yahoo
24-07-2025
- Business
- Yahoo
Intel shares rise on Q2 revenue beat, plans to cut 15% of workforce
Intel (INTC) reported its second quarter earnings after the bell on Thursday beating on revenue, but missing on earnings per share (EPS) due to impairment charges. The company said it is also cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Shares of the chip maker rose more than 2% following the report after the report. Shares of Intel are off 28% over the last 12 months, though up 13% year to date. Intel's market capitalization as of Thursday was $98 billion. Rival AMD's (AMD) market cap tops out at $262 billion. AI leader Nvidia (NVDA) dwarfs both companies with a market cap north of $4 trillion. For the quarter, Intel saw adjusted loss per share (EPS) of $0.10 on revenue of $12.8 billion. Wall Street was anticipating Adj. EPS of $0.01 on revenue of $11.8 billion, based on Bloomberg's analyst consensus data. The company reported adjusted EPS of $0.02 and $12.8 billion in revenue in the same period last year. Read more: Live coverage of corporate earnings Intel's Products business, which includes sales of its laptop and desktop CPUs and data center and AI chips brought in $7.9 billion versus expectations of $10.9 billion. Intel is dealing with increased competition from both AMD and the rising threat from Qualcomm (QCOM), which is pushing further into the PC chip space with its Snapdragon X Plus and X Elite chips. Intel's still-nascent Foundry business generated $4.2 billion in revenue versus expectations of $4.3 billion, up 2%. The division, which is meant to produce chips for third-party customers using Intel's processor technology, is still struggling to make meaningful headway. Intel previously announced it reached agreements to build chips for Microsoft and Amazon using its 18A technology, which former CEO Pat Gelsinger championed to help grow the company's manufacturing segment. But according to Reuters, Tan is considering promoting its next-generation 14A technology to customers. That could mean Intel would face a massive write-down on 18A. However, Intel would still continue to use 18A for its own internal products, including CPUs for consumer and enterprise devices. And an Intel spokesperson said the company had no comment on the matter. Tan has already undertaken or is exploring a number of cost-cutting measures at Intel. According to The Oregonian, the company is shuttering its automotive business, outsourcing marketing jobs, and laying off factory workers. Email Daniel Howley at dhowley@ Follow him on X/Twitter at @DanielHowley.
Yahoo
24-07-2025
- Business
- Yahoo
Intel stock rises on Q2 revenue beat, plans to cut 15% of workforce
Intel (INTC) reported its second quarter earnings after the bell on Thursday beating on revenue, but missing on earnings per share (EPS) due to impairment charges. The company said it is also cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Intel also offered an upbeat Q3 revenue forecast of between $12.6 billion and $13.6 billion. Wall Street was expecting $12.6 billion. The chipmaker's stock rose more than 2% following the report. Shares of Intel are off 28% over the last 12 months, though up 13% year to date. Intel's market capitalization as of Thursday was $98 billion. Rival AMD's (AMD) market cap tops out at $262 billion. AI leader Nvidia (NVDA) dwarfs both companies with a market cap north of $4 trillion. For the quarter, Intel saw adjusted loss per share of $0.10 on revenue of $12.8 billion. Wall Street was anticipating adjusted EPS of $0.01 on revenue of $11.8 billion, based on Bloomberg's analyst consensus data. The company reported adjusted EPS of $0.02 and $12.8 billion in revenue in the same period last year. Intel said it took an 800 million non-cash impairment and accelerated depreciation charges related to "excess tools with no identified re-use" and a roughly $200 million one-time period costs for Q2. The company has also cancelled planned projects in Germany and Poland and slowing construction of its facility in Ohio. Read more: Live coverage of corporate earnings Intel's Products business, which includes sales of its laptop and desktop CPUs and data center and AI chips brought in $11.8 billion versus expectations of $10.9 billion. Intel is dealing with increased competition from both AMD and the rising threat from Qualcomm (QCOM), which is pushing further into the PC chip space with its Snapdragon X Plus and X Elite chips. Intel's still-nascent Foundry business generated $4.4 billion in revenue versus expectations of $4.3 billion, up 2%. The division, which is meant to produce chips for third-party customers using Intel's processor technology, is still struggling to make meaningful headway. Intel previously announced it reached agreements to build chips for Microsoft and Amazon using its 18A technology, which former CEO Pat Gelsinger championed to help grow the company's manufacturing segment. But according to Reuters, Tan is considering promoting its next-generation 14A technology to customers. That could mean Intel would face a massive write-down on 18A. However, Intel would still continue to use 18A for its own internal products, including CPUs for consumer and enterprise devices. And an Intel spokesperson said the company had no comment on the matter. Tan has already undertaken or is exploring a number of cost-cutting measures at Intel. According to The Oregonian, the company is shuttering its automotive business, outsourcing marketing jobs, and laying off factory workers. Email Daniel Howley at dhowley@ Follow him on X/Twitter at @DanielHowley.
Tom's Guide
08-07-2025
- Business
- Tom's Guide
Prime Day laptop deals LIVE — I'm tracking the best MacBook, gaming laptop and Chromebook discounts now
Staff picked deals:1. Quick Links2. Windows laptop deals3. MacBook deals4. Gaming laptop deals5. Chromebook deals6. LIVE: latest updates I'm using my eight years of experience covering Prime Day to hunt down the best laptop deals — paired with my 10 years of knowledge reviewing them to make sure they're actually worthwhile! We're already seeing huge savings on the latest MacBooks ($150 off the M4 MacBook Air for example), and price cuts on RTX 50-series laptops like $310 off the Asus TUF F16 with RTX 5060. Plus, Copilot+ PCs are getting the chop too ($180 off the Snapdragon X plus-armed Surface laptop), and the best Chromebooks too like the Lenovo IdeaPad 3i Chromebook for just $187 right now. One thing we're learning — not only is this the longest Prime Day (spanning four days), it's also the best for big discounts on the best laptops. So if you've been on the hunt for a cheap system, keep it locked on this live blog as I hunt down the best bang for your buck. Over $1,500 off this HP Laptop 15? It may have been $2,000 when it launched, but it's unlikely to be this much now. Regardless, with its Intel N100 CPU, 32GB of DDR4 RAM, 1tB SSD and even Windows 11 Pro onboard, this makes for a great, affordable laptop choice for college students. Plus, its 15.6-inch FHD (1920 x 1080) display is a great size for productivity. Get onboard with AI for less thanks to this HP Omnibook 5 deal, which brings the perks of Copilot+ with it. It sports a 16-inch 2K (1920 x 1200) touchscreen, along with an AMD Ryzen AI 7 350 CPU, 16GB of RAM and a 1TB SSD. Not bad for a laptop that can more than handle it's share of multitasking. This 13.8-inch Microsoft Surface Laptop packs a Snapdragon X Plus CPU, which is ideal for school, work and everything in between. Along with its drastic performance boost and longer battery life thanks to the chip, it comes with 16GB of RAM and a 512GB SSD — all to power its Copilot+ features. The $180 discount makes it all the sweeter. Wait, over $2,000 off this business-focused Lenovo ThinkPad E16 Gen 2? Now that's a crazy offer, but Lenovo is known to exaggerate these price cuts, so take this with a pinch of salt. Either way, it's still a low price for this laptop, and we noted in out Lenovo ThinkPad E16 hands-on that it has a lot of strengths. Expect an AMD Ryzen 7 7735HS CPU, 32GB of RAM, 1TB for storage and a sizeable 16-inch WUXGA (1920x1200) display. If you're after swift performance in a sleek, lightweight laptop boasting a gorgeous display, then it's hard to go wrong here. Our Acer Swift 14 AI review says it all, with its 14.5 2.5K (2560 x 1600) 120Hz touchscreen, Snapdragon X Plus processor, 17-hour battery life, 16GB of DDR5X RAM and 1TB for storage. Not a big discount, but one still worth checking out. The latest 13-inch MacBook Air M4 is Apple's greatest offering yet, and it's not only because of its speedy performance thanks to the M4 chip or its upgraded 12MP webcam. It's $100 less than its predecessor, and with that extra $100 off, you're getting one of the best laptops on the market at an epic price. Expect 16GB of unified memory and a 256 SSD in the model, but for more speed and storage, you can get the same discount. MacBook Air M4 (16GB/512GB): was $1,199 now $1,049MacBook Air M4 (24GB/512GB): was $1,399 now $1,249 One of the best laptops with an even bigger screen? You got it. The 15-inch M4 MacBook Air boasts a 15.3-inch (2880 x 1864) Liquid Retina display, and that's more screen real estate for work, watching shows and even some gaming. Better yet, its more powerful configurations are also discounted, and even $163 off for top-tier performance. MacBook Air M4 (16GB/512GB): was $1,399 now $1,249MacBook Air M4 (24GB/512GB): was $1,599 now $1,436 If you're a power user, you'll want the might of the MacBook Pro M4 on your side. You get fantastic performance from the M4 chip, useful Apple Intelligence features, a better webcam and very impressive battery life at over 18 hours. As we noted in our MacBook Pro 14-inch M4 review, it's the best laptop for photo and video editing, and much more. This model features a 14.2-inch (3024 x 1964) Retina display, Apple M4 CPU, 16GB of RAM, and a 512GB SSD. Not enough power? No problem, as the M4 Pro MacBook Pro also has a steep price cut, and you can save $200! If the base MacBook Pro M4 doesn't have enough power for you, upgrade to the MacBook Pro with an M4 Pro chip. As well as faster performance thanks to its 12-core CPU and 16-core GPU, you'll also get Thunderbolt 5 ports for even faster data transfer. This Alienware 16 Aurora is now down by a whopping $400, and it's now the cheapest RTX 5060 gaming laptop I've seen. That all means you can save big on Nvidia's latest offering of gaming performance. Along with its RTX 5060 GPU, expect an Intel Core 7 240H CPU, 32GB of DDR5 RAM, 1TB for storage and a 16-inch WQXGA (2560 x 1600) LED display with a 120Hz refresh rate. Looking for a major boost in entry-level gaming performance? That's where the RTX 5060 steps in, and this Asus TUF Gaming F16 rocks the very same GPU with a $380 price cut. It also boasts an Intel Core i7-14650HX CPU, 32GB of DDR5 RAM and a 1TB SSD. What's more, you'll get a 16-inch 2560 x 1600 IPS display with a 165Hz refresh rate. Despite its more budget appeal, I was impressed by what the Acer Nitro V 15 could manage when I tested it out, especially for entry-level gaming. This model comes with an RTX 4050 and an AMD Ryzen 5 7535HS CPU, along with 8GB of RAM and a 512GB SSD. For entry-level PC titles and competitive multiplayer games, this is a great shout for under $700. And its 15.6-inch FHD (1920 x 1080) 144Hz display makes games look smooth. For a great entry-level gaming laptop that's less than $1,000, you can grab this Gigabyte G6 with an RTX 4050 now for a discounted $849. It sports an Intel Core i7-13620H CPU, 16GB of DDR5 RAM and an impressive 1TB of storage. Not a bad offer if you're into competitive multiplayer titles and plenty of indie games. Boasting mid-range value at its finest, the Gigabyte Aorus 16X still manages to pull its weight today. That's thanks to its Intel Core i7-14650HX CPU, RTX 4070 GPU, 32GB of DDR5 RAM and 1TB SSD, along with its premium-looking design. Plus, its 16-inch WQXGA (2560 x 1600) display with a 165Hz refresh rate and 3ms response rate makes for speedy, smooth visuals. As another gaming laptop that can pump out wicked gaming performance in a sleek design, the Acer Predator Helios Neo 14 is now $300 off. You can expect an Intel Core Ultra 9 185H processor, an RTX 4070 GPU, 16GB of DDR5 RAM and a 1TB SSD. All PC games will look buttery smooth on its 14.5-inch WQXGA+ (2880 x 1800) IPS display with a 165Hz refresh rate. I'm a huge fan of Asus' ROG Strix series, and you'll be doubly impressed with the 18-inch size of this monster, especially if you're looking for a laptop that lives on your desk. It boasts an Intel Core i9-14900HX CPU, an RTX 4070, 32GB of DDR5 RAM and a 1TB SSD. It may not boasts the latest specs, but it can still hold its own with plenty of AAA games. The RTX 5070 Ti brings that much more power to even the most demanding PC games, and this Lenovo Legion Pro 7i can handle it. With its Intel Core i9-275HX CPU, 32GB of RAM and 2TB of storage, too, this machine is ready to blaze through titles in a stylish, compact design. And they will all run great on its 16-inch (2560 x 1600) 240Hz OLED display. Another Lenovo Legion Pro 7i, but this time with the might of an RTX 5090! It's a top-of-the-line gaming laptop thanks to its high-end GPU, but you can also expect incredible horsepower from its Intel Core i9-275HX CPU, 32GB of RAM and 2TB of storage. Pricey? Yes, but more affordable with its $400 price cut. This Lenovo IdeaPad 3i is a cheap, durable Chromebook that's good enough for browsing the web or doing light schoolwork. The 15.6-inch 1080p screen gives you plenty of room to stream videos, and the 8GB of RAM and Intel Celeron CPU are good enough for basic work. The only big limitation is the 64GB of storage space, but Chromebooks rely on Internet access and cloud apps for most things anyway. Bringing the best of Google AI to a sleek, affordable Chromebook, the Acer Chromebook Plus 514 is now down to just $319! Expect a 14-inch FHD (1920 x 1080) IPS touch display, 8GB of DDR5 RAM and 128GB for storage, along with an Intel Core i3-N305 chip. For daily computing tasks and simple binge-watching, this laptop will do the trick. I've been a laptop expert ever since picking up my first white plastic MacBook back in 2007. For the past 10 years, I've been able to put that to good use in reviewing and recommending the best laptops you can buy. Pair that with my eight years of Prime Day experience, and I'm the perfect tour guide through all the best deals. ^ Back to top
