Intel is also developing a foundry business (Intel Foundry Services, or IFS) to challenge TSMC and Samsung (SMSN.L.EB) in producing advanced chips. https://www.barchart.comIntel Misses on Earnings, but AI Tailwinds BuildIntel recorded revenue of $12.9 billion in Q2 2025, even year-over-year (YoY) and below expectations. GAAP loss EPS amounted to a loss of $0.67 due to $1.9 billion of restructuring charges and $800 million of impairment charges. Without those charges, an itemized view of non-GAAP loss EPS of a loss of $0.10 resulted. Intel is still cutting costs relentlessly, aiming at non-GAAP 2025 operating costs of $17 billion and 2026 of $16 billion.