Intel

Intel Corporation

Intel logo since September 2, 2020
Headquarters in Santa Clara, California, in 2023
Trade name	Intel
Formerly	NM Electronics/ MN Electronics (1963-1968)
Company type	Public
Traded as	Nasdaq: INTC Nasdaq-100 component S&P 100 component S&P 500 component
Industry	Semiconductors
Founded	July 18, 1968; 56 years ago (1968-07-18)
Founders	Gordon Moore Robert Noyce Arthur Rock
Headquarters	Santa Clara, California , U.S. 37°23′16″N 121°57′49″W / 37.38778°N 121.96361°W / 37.38778; -121.96361
Area served	Worldwide
Key people	Frank D. Yeary (chairman) David Zinsner and MJ Holthaus as interim co-CEOs[1][2]
Revenue	US$54.23 billion (2023)
Operating income	US$93 million (2023)
Net income	US$−16 billion (Q3 2024)
Total assets	US$191.6 billion (2023)
Total equity	US$109.9 billion (2023)
Number of employees	124,800 (2023)
Subsidiaries	Mobileye (94.2%) Intel Ireland
Website	intel.com
Footnotes / references [3][4]

Intel Corporation^{[note 1]} is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.^[5] Intel designs, manufactures, and sells computer components and related products for business and consumer markets. It is considered one of the world's largest semiconductor chip manufacturers by revenue^[6][7] and ranked in the Fortune 500 list of the largest United States corporations by revenue for nearly a decade, from 2007 to 2016 fiscal years, until it was removed from the ranking in 2018.^[8] In 2020, it was reinstated and ranked 45th, being the 7th-largest technology company in the ranking.

Intel supplies microprocessors for most manufacturers of computer systems, and is one of the developers of the x86 series of instruction sets found in most personal computers (PCs). It also manufactures chipsets, network interface controllers, flash memory, graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and other devices related to communications and computing. Intel has a strong presence in the high-performance general-purpose and gaming PC market with its Intel Core line of CPUs, whose high-end models are among the fastest consumer CPUs, as well as its Intel Arc series of GPUs. The Open Source Technology Center at Intel hosts PowerTOP and LatencyTOP, and supports other open source projects such as Wayland, Mesa, Threading Building Blocks (TBB), and Xen.^[9]

Intel was founded on July 18, 1968, by semiconductor pioneers Gordon Moore (of Moore's law) and Robert Noyce, along with investor Arthur Rock, and is associated with the executive leadership and vision of Andrew Grove.^[10] The company was a key component of the rise of Silicon Valley as a high-tech center,^[11] as well as being an early developer of SRAM and DRAM memory chips, which represented the majority of its business until 1981. Although Intel created the world's first commercial microprocessor chip—the Intel 4004—in 1971, it was not until the success of the PC in the early 1990s that this became its primary business.

During the 1990s, the partnership between Microsoft Windows and Intel, known as "Wintel", became instrumental in shaping the PC landscape^[12][13] and solidified Intel's position on the market. As a result, Intel invested heavily in new microprocessor designs in the mid to late 1990s, fostering the rapid growth of the computer industry. During this period, it became the dominant supplier of PC microprocessors, with a market share of 90%,^[14] and was known for aggressive and anti-competitive tactics in defense of its market position, particularly against AMD, as well as a struggle with Microsoft for control over the direction of the PC industry.^[15][16]

Since the 2000s and especially since the late 2010s, Intel has faced increasing competition, which has led to a reduction in Intel's dominance and market share in the PC market.^[17] Nevertheless, with a 68.4% market share as of 2023, Intel still leads the x86 market by a wide margin.^[18] In addition, Intel's ability to design and manufacture its own chips is considered a rarity in the semiconductor industry,^[19] as most chip designers do not have their own production facilities and instead rely on contract manufacturers (e.g. TSMC, Foxconn and Samsung), as AMD and Nvidia do.^[20]

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