Intel Corporation (NASDAQ: INTC)
Semiconductors ยท Santa Clara, CA, United States ยท Founded 1968
- Market capitalization: $100.0 billion
- Annual revenue: $52.85 billion
- Net income: $-0.27 billion
- Employees: 124,800
- Sector: Technology
- Headquarters: Santa Clara, United States
- Founded: 1968
Source: Statvoo company profile for Intel Corporation. Browse all 500+ companies
Intel was the undisputed king of semiconductors for four decades, but it's now fighting for survival as an independent company. Revenue has fallen from $79 billion in 2021 to about $54 billion in 2023 as it lost manufacturing leadership and market share simultaneously. The company is executing a massive turnaround under CEO Pat Gelsinger's IDM 2.0 strategy, investing over $100 billion in new fabs across the U.S. and globally. Intel still powers the majority of PCs and a significant share of servers, but the trajectory is troubling.
Intel both designs and manufactures its own chips (integrated device manufacturer model), and is now opening its fabs to outside customers through Intel Foundry Services. Client Computing (PC chips) and Data Center/AI are the main revenue drivers. The foundry business is the big bet โ Intel wants to become a major contract manufacturer like TSMC, but it's years behind.
Robert Noyce and Gordon Moore founded Intel in 1968 โ Moore of "Moore's Law" fame. The company invented the microprocessor in 1971 and dominated PC and server chips for decades. Manufacturing stumbles starting around 2015-2016 allowed TSMC and AMD to catch up and surpass Intel. Pat Gelsinger returned as CEO in 2021 with a plan to rebuild manufacturing leadership by 2025-2026.
| Market Capitalization | $100.0B |
| Annual Revenue | $52.85B |
| Net Income | $-0.27B |
| Profit Margin | -1% |
| Revenue per Employee | $423478K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | INTC |
Financial data is approximate and based on most recent annual filings.
Intel passed on buying NVIDIA for $20 billion in the mid-2000s โ possibly the worst missed acquisition in business history. The company also had an early investment in and partnership with ARM but let it go. Intel's Pentium FDIV bug in 1994 cost the company $475 million in replacements and became one of the first viral tech controversies.
Intel's turnaround is the most consequential bet in the semiconductor industry โ if it works, it reshapes the global chip landscape; if it fails, Intel becomes a cautionary tale. The CHIPS Act funding helps, but execution risk is enormous.
What is Intel Corporation's revenue?
Intel Corporation generates approximately $52.85 billion in annual revenue.
How many employees does Intel Corporation have?
Intel Corporation employs approximately 124,800 people worldwide.
What is Intel Corporation's market cap?
Intel Corporation (INTC) has a market capitalization of approximately $100.0 billion on the NASDAQ.
When was Intel Corporation founded?
Intel Corporation was founded in 1968 and is headquartered in Santa Clara, CA, United States.
Who is the CEO of Intel Corporation?
Pat Gelsinger is the current CEO of Intel Corporation.
What is Intel Corporation's website?
Intel Corporation's official website is intel.com.
| CEO | Pat Gelsinger |
| Sector | Technology |
| Industry | Semiconductors |
| Founded | 1968 |
| HQ | Santa Clara, CA |
| Country | United States |
| Website | intel.com |
See traffic, security, and technical data for Intel Corporation's website:
๐ intel.com stats ๐ WHOIS ๐ DNS ๐ SSL