Intel Corporation Non-GAAP EPS of -$0.10 misses by $0.11, guides below Q3 EPS consensus

Intel Corporation press release (NASDAQ:INTC): Q2 Non-GAAP EPS of -$0.10 misses by $0.11.
$(0.45) impact to GAAP EPS attributable to Intel from $1.9 billion of restructuring charges; $(0.23) and $(0.20) impact to GAAP and non-GAAP EPS attributable to Intel, respectively, from $800 million of impairment charges and $200 million in one-time period costs.
Revenue of $12.9B (flat Y/Y) beats by $1.02B.
On track to achieve $17 billion non-GAAP operating expense target for 2025
Improving capital efficiency; driving to gross capital expenditures² of $18 billion for 2025
Q3 revenue consensus of $12.62B, EPS consensus of $0.04

Q3 2025	GAAP	Non-GAAP
Revenue	$12.6-13.6 billion
Gross margin	34.1%	36.0%
Tax Rate	(23)%	12%
Earnings (Loss) Per Share Attributable to Intel—Diluted	$(0.24)	$0.00

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