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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions
12 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Jun. 30, 2023
Income Statement [Abstract]      
Revenue, net $ 7,355,000,000 $ 6,663,000,000 $ 6,086,000,000
Cost of revenue 5,143,000,000 5,591,000,000 5,656,000,000
Gross profit 2,212,000,000 1,072,000,000 430,000,000
Operating expenses:      
Research and development 1,132,000,000 1,061,000,000 1,167,000,000
Selling, general and administrative 573,000,000 455,000,000 558,000,000
Goodwill impairment 1,830,000,000 0 671,000,000
Business separation costs 67,000,000 64,000,000 0
Employee termination and other 21,000,000 (40,000,000) 69,000,000
Gain on business divestiture (34,000,000) 0 0
Total operating expenses 3,589,000,000 1,540,000,000 2,465,000,000
Operating income (loss) (1,377,000,000) (468,000,000) (2,035,000,000)
Interest and other income (expense), net:      
Interest income 22,000,000 12,000,000 21,000,000
Interest expense (63,000,000) (40,000,000) (31,000,000)
Other income (expense), net (61,000,000) (7,000,000) 43,000,000
Total interest and other income (expense), net (102,000,000) (35,000,000) 33,000,000
Income (loss) before taxes (1,479,000,000) (503,000,000) (2,002,000,000)
Income tax expense 162,000,000 169,000,000 141,000,000
Net income (loss) $ (1,641,000,000) $ (672,000,000) $ (2,143,000,000)
Net loss per common share:      
Basic (in dollars per share) $ (11.32) $ (4.63) $ (14.78)
Diluted (in dollars per share) $ (11.32) $ (4.63) $ (14.78)
Weighted average shares outstanding:      
Basic (in shares) 145 145 145
Diluted (in shares) 145 145 145