Intel Corporation (INTC) reported a first-quarter net loss of $3.73 billion or $0.73 per share, compared to a loss of $821 million or $0.19 per share last year.
Adjusted earnings for the quarter were $0.29, up from $0.13 per share last year.
Net revenues for the quarter were $13.58 billion, up 7% from $12.67 billion last year.
Looking forward to the second quarter, the company expects revenue of $13.8 billion to $14.8 billion, earnings per share of $0.08 and adjusted earnings per share of $0.20.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.