Month: May 2025
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Cost Cuts Come, Raptor Shines, Arrow Doubts Emerge in 1Q25 Intel Earnings Call
Newly installed Intel CEO Lip Bu Tan (LBT) held his first earnings call, covering the company’s 1Q25 finances and discussing its outlook. The company plans to cut costs by reorganizing and reducing capital expenditures (capex). Product plans are unchanged, but what was omitted from the 1Q25 review revealed more than what was discussed.