Intel — Jul 24, 2025 release

(Unaudited) Q3 2025 Outlook 1 Approximately GAAP gross margin percentage 34.1   % Acquisition-related adjustments 0.8  % Share-based compensation 1.1  % Non-GAAP gross margin percentage 36.0   % GAAP tax rate (23) % Income tax effects 35  % Non-GAAP tax rate 12   % GAAP earnings (loss) per share attributable to Intel—diluted $ (0.24) Acquisition-related adjustments 0.02  Share-based compensation 0.14  Restructuring and other charges 0.07  Adjustments attributable to non-controlling interest (0.01) Income tax effects 0.02  Non-GAAP earnings (loss) per share attributable to Intel—diluted $ 0.00                1 Non-GAAP gross margin percentage and non-GAAP earnings (loss) per share attributable to Intel outlook based on the mid-point of the revenue range. Intel/Page 15 Intel Corporation Supplemental Reconciliations of Other GAAP to Non-GAAP Forward-Looking Estimates Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the reconciliations should be carefully evaluated. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non