Intel Corporation is a multinational information technology company based in Santa Clara, California. It is one of the largest semiconductor chip makers in the world.
The company was founded in 1968 by Robert Noyce and Gordon Moore. The two scientists focused on the production of semiconductor memory products and within three years (in 1971) they produced the world’s first microprocessor.
A year later the company opened its first manufacturing facility in Penang, Malaysia – which now hosts a range of Intel operations.
Intel’s third employee was Andy Grove, who essentially ran the company during the 1990’s (a time in which Intel flourished). By 1992 Intel was the world’s largest semiconductor supplier.
Intel has been at the forefront of innovation in technology. The company’s mission is to “create and extend computing technology to connect and enrich the lives of every person on earth.”
Intel Corporation focuses on the production of semiconductors.
Its product line includes: computer processors, motherboards, PC chipsets, solid-state drives, server products, ethernet adapters, ethernet switches, wireless products, software development tools, and cable modems.
- CEO: Brian M. Krzanich
- President: Renée J. James
- Chairman: Andy Bryant
- Industry: Semiconductors
- Type: Public
- Listed on the NASDAQ Stock Market
- NASDAQ ticker symbol: INTC
- S&P 500 Component
- Assets: $92.358 billion USD (2013)
- Revenue: $52.7 billion USD (2013)
- Net income: $9.6 billion USD (2013)
- Diluted earnings per share: $1.89 USD (2013)
- Employees: 107,600 worldwide
- Headquarters: 2200 Mission College Boulevard, Santa Clara, California, USA
- Corporate contact number: (408) 765-8080
- Investor relations contact number: 800-298-0146
- Website: http://www.intel.com
Intel Corporation – Live Stock Market Data
|Operating Data (in $ millions)||2013||2012|
|Cost of sales||$21,187||$20,190|
|Research and development expense||$10,611||$10,148|
|Marketing, general and administrative expense||$8,088||$8,057|
|Gains on equity investments, net||$471||$141|
|Interest and other, net||$(151)||$94|
|Income before taxes||$12,611||$14,873|
|Provision for taxes||$2,991||$3,868|
|Balance sheet data (in $ millions)|
|Total Intel stockholders’ equity||$58,256||$51,203|
|Cash flow data (in $ millions)|
|Net cash provided by operating activities||$20,776||$18,884|
|Net cash used in investing activities||$(18,073)||$(14,060)|
|Net cash used in financing activities||$(5,498)||$(1,408)|
|Cash and cash equivalents at end of period||$5,674||$8,478|
|Common share data (in $)|
|Basic earnings (loss) per common share||$1.94||$2.20|
|Diluted earnings (loss) per common share||$1.89||$2.13|
Source: “Intel Corporation 2013 FORM 10-K Annual Report”
July 16, 2014: Second quarter profits in 2014 jumped 45% to $2.8 billion, thanks partly to a rebound in PC sales to corporate customers, which rose by 6%. Intel improved its outlook for the next quarter and the whole of 2014. The company also plans to return more money to shareholders.
June 16, 2014: Intel has upped its forecast for second-quarter revenue by $700 million to $13.7 billion. It said personal computer sales to businesses have picked up. Analysts believe the retirement of Microsoft’s Windows XP operating system may have boosted PC sales as firms upgrade their systems.