Intel Foundry revenue topped out at $4.6 billion. Analysts were looking for $4.3 billion. The earnings announcement, the first since new CEO Lip-Bu Tan took the reins of the ailing chip giant last month, comes as Intel girds itself for the potential fallout from President Trump's trade war with China. While Intel produces the bulk of its chips in the US, it is still susceptible to tariffs on laptops and other systems built in China. And while computers are currently exempt from tariffs, the Trump administration has signaled that it plans to reintroduce duties on those devices when it launches tariffs on semiconductors in the coming weeks and months. During his first public comments as CEO at Intel Vision 2025, Tan laid out his plans for the company while acknowledging the weight of the task ahead of him. "For quite a long time, we fell behind on innovation. As a result, we have been too slow to adapt and to meet your needs. You deserve better, and we need to improve. And we will," Tan said during the event.