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Intel plans to reduce its capital expenses and rationalize its activities while the American flea manufacturer traces a recovery under its new director general and presents himself with the trade war of President Donald Trump with China.
The company, which reduced 15,000 jobs in the second half of 2024, said on Thursday that its plan included “the rationalization of the organization, the elimination of management layers and allowing faster decision -making”.
But Intel has given a more optimal guide to the current quarter – sending its actions lower in the trade after working hours – while the Trump administration plans send shock waves in the semiconductor industry.
According to Bloomberg, the manufacturer and designer based in California said that it expected adjusted revenues of $ 11.2 billion to $ 12.4 billion for the three months at the end of June, lower than the expectations of analysts of $ 12.9 billion, according to Bloomberg.
The shares decreased by more than 6% in the afternoon after the press release.
The Intel’s results report was the first since Lip-Bu Tan took office as director general in March, after the board of directors ousted Pat Gelsinger in December.
Tan said in a statement that it took “quick actions to lead to better execution and better operational efficiency while allowing our engineers to create excellent products”.
Intel said that he did not include restructuring costs in its directives.
During the first three months of 2025, Intel declared adjusted income of $ 12.7 billion, flat compared to a year ago, but above consensual estimates of Wall Street of $ 12.3 billion. Its net loss expanded to $ 821 million, against a loss of $ 381 million a year ago, but was better than the analysts expected.
Trump spared semiconductors and related products for the weight of his pricing diet on China. But they are subject to a national security examination which could lead to new prices and more disruption of the very complex world supply chain.
Washington has already repressed exports of artificial intelligence fleas in China by American companies, notably Nvidia and Intel, while seeing pressure on Beijing and protecting American technology.
