Core Viewpoint - Intel's recent quarterly revenue and outlook slightly exceeded market expectations, but profitability and gross margins fell short, leading to concerns about missed opportunities in the AI sector [1] Financial Performance - Intel's Q2 revenue was approximately $12.9 billion, in line with the previous year and above analyst expectations of $12 billion [1] - The company reported a net loss of $2.9 billion, or $0.67 per share, which was below market expectations of a profit of $0.01 per share [1] - Adjusted gross margin decreased by 9 percentage points year-over-year to 27.7%, also lower than estimates [1] Business Segments - Revenue from the Client Computing Group, which includes PC chips, decreased by 3% year-over-year to $7.9 billion [1] - Data Center and AI revenue increased by 4% year-over-year to $3.9 billion, while foundry revenue rose by 3% year-over-year to $4.4 billion, all exceeding expectations [1] Strategic Decisions - Intel plans to continue cost-cutting measures, including layoffs and the cancellation of factory plans in Europe [2] - The company aims to reduce its workforce to 75,000 by the end of the year, indicating a potential reduction of 25,000 employees, exceeding 20% [2] - Capital expenditures are expected to be reduced next year, with a focus on economically logical investments [2]