Intel Surges to 21st in Trading Volume with $27.41 Billion Day Despite Stock Decline

On July 24, 2025, Intel (INTC) experienced a significant trading volume of $27.41 billion, marking a 70.78% increase from the previous day. This surge placed Intel at the 21st position in terms of trading volume for the day. However, despite the high trading volume, Intel's stock price declined by 3.66%.

Intel reported its second-quarter 2025 financial results, forecasting third-quarter revenue between $12.6 billion and $13.6 billion. The company expects a third-quarter earnings per share (EPS) loss of $0.24, with non-GAAP EPS also impacted by impairment charges.

In the second quarter, Intel reported a net loss of $2.9 billion, or 67 cents per share, compared to a $1.61 billion net loss, or 38 cents per share, in the same period last year. The company's revenue for the quarter was $12.60 billion, exceeding the consensus forecast of $11.92 billion. However, the EPS loss of $0.10 missed Wall Street targets that anticipated a profit of $0.01.

Intel's new CEO, Lip-Bu Tan, announced significant cost-cutting measures, including the cancellation of planned chip fabrication projects in Germany and Poland. The company will also consolidate its testing and assembly operations in Vietnam and Malaysia. Additionally, Intel has completed the majority of its planned layoffs, amounting to 15% of its global workforce, and expects to end the year with 75,000 employees. These measures are part of Intel's efforts to reduce operating expenses by $17 billion.