英特爾公布Q2財報虧損惡化　啟動大規模裁員與全球重組計畫

美國半導體巨頭英特爾（Intel）公司於當地時間7月24日公布2025年第二季度財報，儘管營收略高於市場預期，但淨虧損明顯擴大，顯示企業正面臨前所未有的經營壓力。為此，英特爾同步宣布啟動大規模重組計畫，包括全球裁員15%、暫停與取消多項新廠建設，並轉向強化人工智慧（AI）與先進製程技術的研發，以挽救競爭力並重塑未來發展方向。

根據最新財報，英特爾第二季度營收達到129億美元，較去年同期的128.7億美元成長0.2%，略優於市場預期。然而，最受矚目的部分為公司淨虧損擴大至29億美元，相較於去年同期虧損16億美元，情勢明顯惡化，連續虧損狀態已對公司營運造成實質壓力。

分析師指出，儘管英特爾在資料中心與AI領域逐步推進，傳統PC與伺服器市場疲弱仍拖累整體表現，加上晶圓代工與製程轉型成本高昂，使得毛利率與獲利能力持續受壓。

為應對財務與產業結構的雙重挑戰，英特爾正式啟動一項大規模重組計畫，預計在2025年底前裁減約15%員工，人力規模將從原本約8.8萬人降至7.5萬人左右。這是英特爾近年來最大規模的裁員行動，涵蓋研發、生產、行政等多個部門。公司聲明指出，此舉旨在「提升營運效率、優化資源配置、加速重點領域投入」，以因應產業變化與資本支出壓力。不過外界也憂心，此次裁員恐將衝擊企業內部士氣與研發進度。

除了裁員，英特爾也宣布全面檢討其全球製造擴張策略。其中，最受矚目的是，公司已正式取消原定在德國與波蘭的晶圓廠投資計畫，原規模預估高達數百億美元，原本被視為歐洲晶片產業振興的重要象徵。同時，英特爾也將暫停美國俄亥俄州新廠的建設進度。該項目原於2022年宣布，計畫投入超過200億美元打造「矽心臟地帶」，但在全球需求趨緩與內部資源緊縮情況下，被迫暫緩。面對產業格局快速轉變，英特爾明確表示，未來將集中資源發展人工智慧（AI）晶片、加速先進製程技術（如Intel 18A）布局，力圖與台積電、NVIDIA、AMD等競爭對手抗衡。

英特爾的財報與重組措施公布後，市場反應呈現分歧。有分析師認為，公司展現出針對問題的決斷力，有助於未來重返競爭舞台。然而，也有投資人擔憂，持續虧損與業務收縮是否會影響公司在未來AI競爭中的地位。根據多家研究機構報告指出，英特爾若能如期交付其18A製程與AI平台，有望在2026年前重回技術領先者行列；但若轉型進度延誤，恐面臨被市場進一步邊緣化的風險。

此次英特爾財報與重組計畫不僅反映出公司現階段的挑戰，也突顯半導體產業在全球需求轉變與技術革新下的劇烈變化。對於英特爾而言，未來能否穩住基本面、搶佔AI與先進製程的制高點，將是能否再創巔峰的關鍵所在。

Intel Posts Worsened Q2 Losses, Announces Massive Layoffs and Global Restructuring Plan

On July 24, 2025 (local time), U.S. semiconductor giant Intel released its financial report for the second quarter of 2025. Although revenue slightly exceeded market expectations, net losses significantly widened, signaling that the company is under unprecedented operational pressure. In response, Intel simultaneously announced a sweeping restructuring plan, including a 15% global workforce reduction, halting or cancelling several new fab construction projects, and a strategic shift toward strengthening artificial intelligence (AI) and advanced process technology R&D in a bid to restore competitiveness and reshape its future direction.

According to the latest earnings report, Intel recorded $12.9 billion in revenue for Q2, up 0.2% from $12.87 billion in the same quarter last year—slightly above expectations. However, the most striking figure was the company’s net loss of $2.9 billion, a sharp increase from the $1.6 billion loss in Q2 2024. The sustained losses are now placing real pressure on Intel’s operations.

Analysts point out that while Intel is making progress in data center and AI development, weakness in its traditional PC and server markets continues to drag down performance. Additionally, the high cost of transitioning its foundry and process technology is compressing profit margins and earnings capacity.

To address both financial strains and structural industry challenges, Intel officially launched a major restructuring plan, aiming to reduce its workforce by around 15% by the end of 2025. Headcount will drop from approximately 88,000 employees to around 75,000. This marks Intel’s largest layoff in recent years and spans multiple departments, including R&D, manufacturing, and administrative units.

In a statement, Intel said the move is intended to “improve operational efficiency, optimize resource allocation, and accelerate investment in key focus areas” amid evolving industry dynamics and capital expenditure pressures. However, concerns remain that such a large-scale layoff could hurt employee morale and slow innovation.

Beyond layoffs, Intel also announced a comprehensive review of its global manufacturing expansion strategy. Notably, the company has formally cancelled plans for new wafer fabrication plants in Germany and Poland, projects that had been estimated in the tens of billions of dollars and once seen as crucial to Europe’s chip industry revitalization.

At the same time, Intel will pause construction of its Ohio megafab project in the U.S., originally announced in 2022 with over $20 billion in planned investment to create a “Silicon Heartland.” Due to weakening global demand and internal financial constraints, the project has been temporarily suspended.

Facing a rapidly shifting semiconductor landscape, Intel has made clear that it will now concentrate its resources on AI chip development and accelerate its push into advanced process technologies, such as the Intel 18A node, to compete head-to-head with rivals like TSMC, NVIDIA, and AMD.

Following the earnings report and restructuring announcement, market reaction was mixed. Some analysts praised Intel’s decisive response to its challenges, viewing it as a necessary step toward reclaiming its competitive edge. Others expressed concern that ongoing losses and downsizing might undermine the company’s ability to compete in the increasingly critical AI sector.

According to reports from several research firms, if Intel can deliver its 18A process node and AI platforms on schedule, it may regain its technological leadership by 2026. However, any delay in the transformation could risk further marginalization in a highly competitive market.

Intel’s latest financial results and restructuring plan underscore not only the company’s current difficulties but also the broader volatility of the global semiconductor industry amid shifting demand and rapid technological change. For Intel, whether it can stabilize its fundamentals and claim a leading position in AI and advanced fabrication will be pivotal to whether it can regain its former glory.