Intel Shifts Gears: Cuts Foundry Spend, Focuses on AI & Profitability.
Intel beat Q2 revenue expectations but posted a $2.9B loss, triggering a major strategy shift. The company is scaling back foundry investments, tightening budgets, and doubling down on AI and data center growth under new CEO Lip‑Bu Tan.

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Read Full Article Here :- https://www.techi.com/intel-q2-2025-earnings-foundry-spending-cuts/

US equity futures rose in Asian trading as Treasury yields climbed, while key corporate earnings, policy moves, and sector trends shaped global market sentiment.
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