home.social

#earningsreport — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #earningsreport, aggregated by home.social.

  1. Intel’s Q2 earnings revealed a $2.1B loss and plans to cut 15% of its global workforce, sending shares down 8.5%. Despite stable revenue, shrinking margins, canceled chip plants, and weak AI traction have investors worried. New CEO Lip-Bu Tan is pushing strict cost-cutting, but Intel’s future remains uncertain.

    #Intel #Layoffs #EarningsReport #ChipMarket #Semiconductors #AIChips #INTC #TechNews #StockDrop
    #TECHi

    Read Full Article Here :- techi.com/intel-stock-drops-af

  2. ASML reported Q3 earnings with a net profit of €2.1B and sales of €7.5B, but shares dropped 15% due to weak bookings of €2.6B and a cut in the 2025 sales forecast to €30B-€35B, raising concerns about market recovery.

    #ASML #EarningsReport #ChipMarket