US stocks fluctuate | Intel (INTC.US) plunges 9%, second-quarter net loss expands to $2.9 billion.
According to the Wise Financial APP, on Friday, Intel (INTC.US) fell by 9%, closing at $20.57. In terms of news, on July 24th local time, Intel released its second quarter financial report for 2025. The report showed that the company's second quarter operating income was $12.86 billion, flat compared to the same period last year, exceeding market expectations of $11.9 billion. Under generally accepted accounting principles, the company's net loss for the quarter was $2.9 billion, an increase from $1.6 billion in the same period last year; meanwhile, the gross profit margin was 27.5%, down 7.9 percentage points from 35.4% in the same period last year.
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