Intel

Intel Corporation
Intel
FormerlyNM Electronics/
MN Electronics (1968)
Company typePublic
Industry
FoundedJuly 18, 1968; 56 years ago (1968-07-18)
Founders
Headquarters,
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)
Pat Gelsinger (CEO)
Products
RevenueDecrease US$54.23 billion (2023)
Decrease US$93 million (2023)
Decrease US$1.66 billion (Q3 2024)
Total assetsIncrease US$191.6 billion (2023)
Total equityIncrease US$109.9 billion (2023)
Number of employees
124,800 (2023)
Subsidiaries
Websiteintel.com
Footnotes / references
[1][2]

Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.[3] 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[4][5] 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.[6] 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.[7]

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.[8] The company was a key component of the rise of Silicon Valley as a high-tech center,[9] 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[10][11] 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%,[12] 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.[13][14]

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.[15] Nevertheless, with a 68.4% market share as of 2023, Intel still leads the x86 market by a wide margin.[16] In addition, Intel's ability to design and manufacture its own chips is considered a rarity in the semiconductor industry,[17] as most chip designers do not have their own production facilities and instead rely on contract manufacturers (e.g. AMD and Nvidia).[18]

  1. ^ "Intel Corporation 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. January 26, 2023. Archived from the original on January 30, 2024. Retrieved January 30, 2024.
  2. ^ "Mobileye Global Inc. Form S1/A". U.S. Securities and Exchange Commission. October 18, 2022. Archived from the original on October 29, 2022. Retrieved November 2, 2022.
  3. ^ "10-K". 10-K. Archived from the original on November 28, 2019. Retrieved June 1, 2019.
  4. ^ Vanian, Jonathan. "Samsung Dethrones Intel As World's Biggest Chip Maker". Fortune. Archived from the original on July 29, 2017. Retrieved September 17, 2017.
  5. ^ "Intel 2007 Annual Report" (PDF). Intel. 2007. Archived (PDF) from the original on February 5, 2018. Retrieved July 6, 2011.
  6. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on November 10, 2018. Retrieved November 10, 2018.
  7. ^ "What is 01.org?". 01.org. July 13, 2012. Archived from the original on April 25, 2013. Retrieved March 8, 2013.
  8. ^ "Intel Corp $2,500,000 Convertible Debentures" (PDF). Stanford Law School. 2020. Archived (PDF) from the original on June 3, 2023. Retrieved June 3, 2023.
  9. ^ "The fall of Intel is a cautionary tale for Silicon Valley". The San Francisco Standard. August 19, 2024. Retrieved August 23, 2024.
  10. ^ Tilley, Aaron. "The End Of Wintel: How The Most Powerful Alliance In Tech History Is Falling Apart". Forbes. Retrieved February 14, 2024.
  11. ^ Metz, Cade. "Microsoft and Intel's Decades-Long Alliance Has Started To Fray". Wired. ISSN 1059-1028. Retrieved August 23, 2024.
  12. ^ "1990s Intel". American Heritage. June 2001. Retrieved August 28, 2024.
  13. ^ Goodin, Dan (September 23, 1998). "Microsoft's holy war on Java". CNET. Archived from the original on January 16, 2013. Retrieved November 18, 2018.
  14. ^ Lea, Graham (December 14, 1998). "USA versus Microsoft: the fourth week". BBC News. Archived from the original on March 3, 2004. Retrieved January 7, 2008.
  15. ^ Statista (July 19, 2024). "Distribution of Intel and AMD x86 computer central processing units (CPUs) worldwide from 2012 to 2024, by quarter". statista.com. Retrieved August 29, 2024.
  16. ^ Szewczyk, Chris (August 15, 2023). "Intel retakes some CPU market share from AMD as CPU shipments tick upwards". PC Gamer. Retrieved February 17, 2024.
  17. ^ "The fall of Intel is a cautionary tale for Silicon Valley". The San Francisco Standard. August 19, 2024. Retrieved August 23, 2024.
  18. ^ Nguyen, Janet (March 8, 2024). "What you need to know about Nvidia and the AI chip arms race". Marketplace. Retrieved August 28, 2024.