Intel, a big company that makes computer parts, did not do as well as people thought they would in the last three months. They did not make as much money and did not sell as much stuff as other companies. This made the people who own the company lose a lot of money. The boss of Intel said they will try to make things better by spending less money and cutting some jobs. They also said they will not give people money for owning part of the company for a while. This made a lot of people worried about the company and its future. Read from source...

- The headline is misleading: it implies Intel's Q2 results were weak because of a cost-reduction plan, when in fact, the cost-reduction plan was announced after the disappointing results.
- The article story mixes up the results of Q2 and the guidance for Q3, creating confusion.
- The article story focuses on the negative aspects of Intel's results and the cost-reduction plan, without providing any context, analysis, or perspective.
- The article story uses vague terms like "disappointing", "challenging", "streamline", "suspending", "regain", etc., without explaining what they mean or how they affect Intel's business and prospects.
- The article story includes irrelevant information, such as the image of Intel's logo, the description of the dividend suspension, and the quote from Intel's CEO, which do not add any value or insight to the reader.

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Article's Main Subject: Intel's Q2 earnings report and subsequent stock price decline
Article's Key Points:
- Intel reported Q2 earnings of 2 cents per share, missing the analyst consensus estimate of 10 cents by 80% and representing a 84.62% decrease from the same period last year.
- Quarterly sales came in at $12.83 billion, missing the analyst consensus estimate of $12.94 billion and representing a 0.9% decrease year-over-year.
- Intel announced a $10 billion cost-reduction plan, a 15% headcount reduction, and the suspension of its dividend starting in the fourth quarter of 2024.
- Intel sees a third-quarter loss of 3 cents per share and revenue in a range of $12.5 billion to $13.5 billion, versus the $2.944 billion estimate.
- Intel shares are down 14.60% after-hours at $29.05.

Article's Summary:
Intel reported disappointing Q2 financial results, missing both earnings and revenue estimates, and announced a series of cost-cutting measures, including a 15% headcount reduction and the suspension of its dividend. The company's stock price fell by 14.60% in after-hours trading.