](https://www.cnbc.com/2026/07/23/intel-intc-earnings-report-q2-2026.html)—a loss that preceded the current quarter's reported beat. But here's what the headline misses: the prior three quarters show Q4 FY2024 at $39.2B/-$0.06, Q3 at $794M/+$0.07, and Q2 at $192M/-$0.67. Revenue is collapsing sequentially. YoY revenue growth sits at +0.9%—essentially flat.

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