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Intel plans to reduce its capital expenses and eliminate managers because the American chip maker draws a shift under the new CEO and displays with President Donald Trump’s war with China.

The company, which reduced 15,000 jobs in the second half of 2024, said on Thursday that its plan included “simplifying the organization, eliminating the layers of management and enabling decision -making faster.”

but Intel She gave a more relief evidence in the current quarter-which led to a decrease in his trading shares after working hours-where the comprehensive tariff plans to the Trump administration are sent by making semiconductors.

California -based chip and designer said he expects modified revenue of $ 11.2 billion to 12.4 billion dollars for the three months until the end of June, less than the expectations of analysts of $ 12.9 billion, according to Bloomberg estimates.

The shares decreased by more than 5 percent in trading after hours after the release.

The Intel profit report was the first since then Lips-this Tan He held the position of CEO in March, after the overthrow of the Board of Directors, Gilgringer in December.

The latest discounts follow months of the financial problems of The Chipmaker, which left TSMC in Taiwan in the race to manufacture semiconductors and struggled to open business building chips for competitors-a process began under Geelsiner.

The competitors also threatened its location in the Personal PC space as it failed to obtain a meaningful share from the AI ​​Data Center chips, where NVIDIA dominated.

Investors welcomed the appointment of Tan as a sign of a new strategic direction for the company. last month The promise of “cultural change” in Intel. He was affected by the discussion of any potential sale of the company’s losses, which some investors have requested.

After announcing the results, Tan revealed that the company reflected its course on its spinning arm in the investment capital, which was It was announced in January Before appointing him.

He said: “We made a decision not to overcome Intel Capital, but work with the team to improve our current wallet,” adding that it will be “more selective in new investments.”

In an e -mail to Intel employees on Thursday, the new CEO, “The Unnecessary Bureaucracy”, said that was slowing the critical engineering efforts. “There is no way about the fact that these critical changes will reduce our workforce size,” Books.

He said that the cuts will start during the current quarter and move “as soon as possible” in the coming months.

Tan also said that the company will implement the policy of returning to work, which requires four days a week on the site by September 1.

Intel said it does not include restructuring fees for her guidance.

Over the course of 2025, Intel said it would review the goals of previous operating expenditures from 17.5 billion dollars to 17 billion dollars, and reduce $ 2 billion from the previous capital spending goal of $ 20 billion.

During the first three months of 2025, Intel reported a modified revenue of $ 12.7 billion, which is an apartment for a year, but above Wall Street unanimity estimates of $ 12.3 billion. Its net loss expanded to $ 821 million, from a loss of $ 381 million a year ago, but it was better than the analysts expected.

Trump has survived semiconductor and relevant products from his induction system in China. But they are subject to National security review This can lead to more customs tariffs and more disturbances of the very complex global semiconductor supply chain.

Washington has cleared the exports of American companies from artificial intelligence chips to China, as it seeks to put pressure on Beijing and protect American technology.