About the Company
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Intel is one of the world's largest semiconductor chip manufacturers by revenue 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. 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, and sponsors the Intel Extreme Masters, a series of international esports tournaments. 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. Intel (Integrated electronics) 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. The company was a key component of the rise of Silicon Valley as a high-tech center, 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 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 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 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. Since the 2000s and especially the late 2010s, Intel has faced increasing competition from AMD, resulting in a significant decline of its dominance and market share in the PC market. Nevertheless, with a 68.4% market share as of 2023, Intel still leads the x86 market by a wide margin.
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Latest $INTC News
Intel Slides After Tepid Forecast Shows Comeback Challenges
Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast ...
Intel CEO Pat Gelsinger Aims To Regain Lost Ground After Disappointing Results: 'The Road Map Is Healthy'
CEO Pat Gelsinger expressed confidence in the company’s future, despite a disappointing first-quarter performance. What ...
Why Are Shares of Intel Stock Crashing After Earnings?
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, ...
Intel meets expectations, but sales outlook doesn't impress investors
First quarter results were largely in line with modest expectations, but the company gave a tepid sales outlook for the ...
Intel Corp (INTC) Q1 2024 Earnings Call Transcript Highlights: Navigating Market Challenges ...
Despite mixed financial results, Intel outlines robust strategies for AI integration and market recovery in the latter half of 2024.
INTEL REPORTS REVENUE INCREASE IN FIRST QUARTER
Intel said its board of directors has declared a quarterly dividend of US$0.125 per share on the company's common stock, ...
Stocks to Watch Friday: Alphabet, Microsoft, Intel
Google’s parent said quarterly profit jumped by more than half and announced its [first cash dividend]( ...
Intel CEO: Guidance Miss Reflects Slightly Soft Demand. He's Bullish on the Second Half.
Intel CEO Pat Gelsinger said the company's disappointing financial guidance reflects some overall weakness in market demand.
DeWine, ODNR, Intel partner for $1 million Dillon wetlands restoration in Muskingum County
Gov. Mike DeWine, Ohio Department of Natural Resources and Intel announced Thursday a $1 million Dillon Wetland Restoration ...
Intel Reports First-Quarter 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today reported first-quarter 2024 financial results. “We are making steady progress against our priorities and delivered a solid quarter,” ...
Intel Earnings Day Is Here. Better PC Demand Could Provide a Boost.
Intel stock bulls will need to remain patient, with multiple quarters to go before the chip company gains traction for a ...
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