Intel is expected to report its sixth consecutive net loss and a fifth straight drop in quarterly revenue, with analysts forecasting a US$1.2 billion loss and a 7% revenue decline to US$11.9 billion.

The chipmaker has encountered difficulties due to strategic missteps, losing market share to competitors Nvidia and AMD in the AI chip and personal computer sectors.

Intel’s CEO, Lip-Bu Tan, who took office in March 2025, has redirected focus to the 14A chipmaking process.

This is a departure from the costly 18A technology used by his predecessor.

Analysts suggest that this transition to 14A could lead to significant writedowns, potentially totaling hundreds of millions or even billions of dollars.

Intel’s foundry unit, mostly serving internal needs, is forecasted to earn US$4.4 billion this quarter and aims to break even by 2027, according to CFO David Zinsner.

Tan has restructured the company by selling non-core assets like Altera and may expand global layoffs, while the personal computer (PC) unit sees a slight revenue dip and data center sales are expected to rise 20%.

Recent Intel developments