INTC · Full Picture
INTEL CORP — the full picture
Earnings window · 2026-03-28 to 2026-09-24 · anchored on the 10-Q report
One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.
What to look at first
- Headcount / Restructuring · Restructuring & impairmentPriority 94-6.8% operating_income; 3 sources (news, press_release, sec_filing); 4 forward row(s); structured_verifiedINTEL CORP total expected and cumulative cost of the 2025 Restructuring Plan as of Jun 27, 2026: $2.2 billion.
- Revenue Performance and Mix · Revenue growth & mixPriority 90+116.1% revenue (realized); 3 sources (news, press_release, sec_filing); 4 forward row(s); structured_verifiedThe data center and AI segment's operating income nearly quadrupled year over year, reaching $2.5 billion.
- U.S. Government CHIPS Agreement · UnclassifiedPriority 85+3.6% cash; 3 sources (news, press_release, sec_filing); 2 forward row(s); quote_verifiedIntel is backed by an investment worth nearly $9 billion from the U.S. federal government.
- Gross Margin Drivers · Gross marginPriority 83+25.0% margin (realized); 3 sources (news, press_release, sec_filing); quote_verifiedConsolidated gross profit increased by $3.0 billion, or 84%, in Q2 2026 compared to Q2 2025, primarily driven by $1.5 billion of higher product profit and $1.5 billion of lower period charges.
- Cash Flow and Liquidity · Liquidity & cash positionPriority 80-23.6% net_income (realized); 3 sources (news, press_release, sec_filing); structured_verifiedINTEL CORP funded the repurchase of Apollo's non-controlling equity interest in Ireland SCIP through existing cash and short-term investments and a $6.5 billion term loan, and the term loan was repaid in Q2 2026 using proceeds from the $6.5 billion senior notes issuance.
- Capital Markets Activity · UnclassifiedPriority 78+7.1% cash; 2 sources (news, press_release); 5 forward row(s); quote_verifiedIntel increased the size of its stock offering from $15 billion to $20 billion.
- Escrowed Shares Valuation Loss · Share price & valuationPriority 77-161.8% net_income (realized); 2 sources (news, sec_filing); structured_verifiedIn Q2 2026 we recognized a $12.5 billion loss related to the net change in the fair value of shares of our common stock released from escrow during the quarter and remaining in escrow at the end of Q2 2026.
- Guidance / Outlook · Guidance & outlookPriority 77+25.6% revenue; 2 sources (news, press_release); 5 forward row(s); quote_verifiedForecast third-quarter 2026 revenue of $15.8 billion to $16.8 billion.
- Domestic Manufacturing Investment · Capacity & footprint expansionPriority 76+12.9% assets; 2 sources (news, sec_filing); 3 forward row(s); quote_verifiedIntel and 3DGS Inc. USA will invest about $3.3 billion to set up a substrate manufacturing plant in the eastern Indian state of Odisha.
- Market Demand Trends · Demand, orders & backlogPriority 723 sources (news, press_release, sec_filing); 1 forward row(s); quote_verifiedIntel said the proceeds from the $15 billion offering are intended for general corporate purposes, including capital expenditures and working capital, to support growth opportunities driven by strong AI compute demand.
- Altera Divestiture · M&A and divestituresPriority 703 sources (news, press_release, sec_filing); 2 forward row(s); quote_verifiedAltera was deconsolidated effective September 12, 2025, following the closing of the sale of 51% of Altera's issued and outstanding common stock.
- Intel Foundry Strategy · Strategic & business-model shiftsPriority 703 sources (news, press_release, sec_filing); 5 forward row(s); quote_verifiedIntel Foundry Q2 2026 revenue: $5.8 billion, up 31% versus Q2 2025.
Threads by pillar
Revenue & Demand Priority 95 · 10 threads
- Revenue Performance and MixPriority 90 · News, Release, Filing
- Quarterly Results and OutlookPriority 57 · News
- Market Demand TrendsPriority 72 · News, Release, Filing
- Hyperscaler Server DemandPriority 49 · Filing
- AI Data Center DemandPriority 36 · News
- AI Compute DemandPriority 20 · News
- Sovereign AI DemandPriority 20 · News
- Customer Dynamics - FoundryPriority 48 · News, Release, Filing
- Product Launch and TransitionPriority 36 · News, Release
- CPU Pricing and Product MixPriority 32 · News
Costs & Margins Priority 99 · 9 threads
- Headcount / RestructuringPriority 94 · News, Release, Filing
- Mobileye Goodwill ImpairmentPriority 70 · Filing
- Impairment ChargesPriority 44 · News
- Gross Margin DriversPriority 83 · News, Release, Filing
- Manufacturing Capacity and CapitalPriority 62 · News, Release, Filing
- Supply Chain and InventoryPriority 49 · News, Release, Filing
- Geographic Manufacturing FootprintPriority 23 · News
- Operating Expense TrendsPriority 66 · Release, Filing
- Operating Income and MarginsPriority 62 · Release
Capital & Balance Sheet Priority 88 · 4 threads
- Cash Flow and LiquidityPriority 80 · News, Release, Filing
- Capital ExpendituresPriority 55 · News, Filing
- Outstanding IndebtednessPriority 49 · Filing
- Income Tax Rate ChangesPriority 37 · Release, Filing
Strategy & Portfolio Priority 92 · 16 threads
- Intel Foundry PartnershipPriority 66 · News
- AI Infrastructure PartnershipPriority 59 · News
- Terafab Manufacturing CollaborationPriority 54 · News
- Ohio Fab Operating PartnershipPriority 39 · News
- High-NA EUV CollaborationPriority 29 · News
- Altera DivestiturePriority 70 · News, Release, Filing
- Acquisition / Partnership / DivestiturePriority 67 · News, Filing
- Ohio Campus Acquisition DiscussionsPriority 19 · News
- Tenstorrent Acquisition TalksPriority 18 · News
- Domestic Manufacturing InvestmentPriority 76 · News, Filing
- Mobileye Robotaxi ExpansionPriority 36 · News
- Intel Foundry StrategyPriority 70 · News, Release, Filing
- Custom AI Chip StrategyPriority 30 · News
- AI Infrastructure DemandPriority 27 · News
- AI Memory Architecture StrategyPriority 24 · News
- AI Infrastructure PositioningPriority 19 · News
Legal, Regulatory & Policy Priority 68 · 6 threads
- VLSI Patent LitigationPriority 55 · Filing
- 401(k) LitigationPriority 26 · News
- Patent Infringement LawsuitPriority 37 · Filing
- Export Controls / Regulatory RiskPriority 27 · Filing
- Ohio Government Ethics InvestigationPriority 17 · News
- Trade Policy and TariffsPriority 14 · News
Guidance & Outlook Priority 77 · 1 thread
- Guidance / OutlookPriority 77 · News, Release
Macro & Market Conditions Priority 75 · 7 threads
- Interest Rate and Refinancing ExposurePriority 66 · News, Filing
- AI Chip CompetitionPriority 47 · News
- Competition and Market SharePriority 45 · News
- Foundry Capacity CompetitionPriority 21 · News
- Memory Price InflationPriority 43 · News
- Middle East Conflict ImpactPriority 38 · Filing
- Israel Manufacturing Grant CancellationPriority 29 · News
Shareholders & Street Priority 78 · 2 threads
- Escrowed Shares Valuation LossPriority 77 · News, Filing
- Mobileye Stake SalePriority 30 · News
Unclassified Priority 99 · 5 threads
- U.S. Government CHIPS AgreementPriority 85 · News, Release, Filing
- Capital Markets ActivityPriority 78 · News, Release
- Private Placement Share SalesPriority 69 · News
- Foundry Capital RaisePriority 67 · News
- High-NA EUV Manufacturing LeadPriority 62 · News
Expected impact by metric
| metric | forward net | forward gross | realized |
|---|---|---|---|
| cash | -0.7% | +29.6% | +34.5% |
| revenue | +26.0% | +26.0% | +116.1% |
| assets | +22.0% | +22.0% | +11.3% |
| operating_income | -6.8% | +6.8% | +19.6% |
| net_income | -3.0% | +3.0% | -300.3% |
| liability | -0.1% | +0.1% | -11.4% |
| margin | — | — | +117.7% |