150 Followers USX:INTC - Intel Corporation Intel Corporation
Sector: Information Technology, Industry: Semiconductors
Next Earnings: 20 Oct 2021
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USD 53.0    -2.960 (-5.29%)
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23 Jul 2021


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General

CEO: Mr. George S. Davis

IPO: 1971-10-13

Headquarters: US

Employees: 110,600

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Description

Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas.