Intel Q2 Gross Margin 40.4%, Guides Q3 Revenue $15.8–$16.8B Amid Data-Center Pressure
INTC has more than doubled off its 52-week low of $19.35.
Summary
Intel's Q2 GAAP gross margin came in at 40.4%, with Q3 revenue guidance of $15.8–$16.8 billion. H1 revenue reached approximately $29.7 billion, putting the company on a roughly $65 billion annual run rate, with break-even estimated near $56 billion in revenue. The data-center business faces mounting pressure as AMD gains share with AI-focused chips, challenging Intel's server CPU revenue. On the positive side, EMIB advanced packaging is rated 'very good,' with MediaTek and Google showing interest for TPU production, signaling demand for Intel's foundry services. This follows the strong Q2 report on July 23, which showed 25% revenue growth but included a $12.5 billion non-cash charge. The new details on margins, guidance, and competitive dynamics provide a more complete picture of Intel's near-term trajectory.
At the time of this announcement, INTC was trading at $97.65 on NASDAQ in the Technology sector, with a market capitalization of approximately $508.7B. The 52-week trading range was $19.35 to $142.35. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.