Key Stats
- Founded: July 18, 1968
- 2024 Revenue: $53.10 billion
- Employees (2024): 108,900
- Market Cap (Feb 2026): ~$251 billion
- Fortune 500 Rank (2025): #86
Intel Corporation is an American semiconductor company headquartered in Santa Clara, California. The company designs and manufactures microprocessors, chipsets, and related products for computing and communications industries.
Robert Noyce and Gordon Moore founded Intel in 1968 after leaving Fairchild Semiconductor. The company name blends “Integrated” and “Electronics.” Intel created the first commercially available microprocessor in 1971 and went on to dominate the personal computer chip market for decades.
Today, Intel operates across client computing, data center solutions, and foundry services. Under CEO Lip-Bu Tan, appointed in March 2025, the company is undergoing a restructuring to regain competitive position in the semiconductor industry.
Intel Corp. History
Intel Corp. Co-founders
Intel Corp. Competitors
Intel faces competition from several semiconductor companies across its business segments. In processors, AMD remains its primary rival. Nvidia dominates the GPU and AI accelerator markets. TSMC leads in chip manufacturing, producing chips for most of Intel’s competitors.
| Company | Primary Business | Headquarters |
|---|---|---|
| AMD | CPUs, GPUs, APUs | Santa Clara, USA |
| Nvidia | GPUs, AI Accelerators | Santa Clara, USA |
| TSMC | Semiconductor Foundry | Hsinchu, Taiwan |
| Samsung Electronics | Memory, Foundry, Chips | Suwon, South Korea |
| Qualcomm | Mobile Processors, Modems | San Diego, USA |
| Broadcom | Networking, Infrastructure | San Jose, USA |
| ARM Holdings | Chip Architecture Licensing | Cambridge, UK |
| Texas Instruments | Analog, Embedded Chips | Dallas, USA |
| Micron Technology | Memory Chips | Boise, USA |
| Apple | Custom ARM Chips | Cupertino, USA |
Intel Corp. Revenue
Intel generated $53.10 billion in revenue during 2024, down 2.08% from the previous year. The company’s revenue peaked at $79.02 billion in 2021 before declining for three consecutive years as PC demand softened and competition intensified.
Intel Corp. Market Cap
Intel’s market capitalization reached approximately $251 billion in February 2026. The company’s valuation has fluctuated over the past decade, reaching highs above $260 billion in 2021 before declining during its restructuring period.
Intel Corp. Acquisitions
Intel has spent over $50 billion on acquisitions since 2010, targeting expansion into security, autonomous vehicles, and programmable chips. The company’s acquisition strategy has evolved alongside its business transformation from a PC-focused chipmaker to a diversified technology company.
In 2010, Intel acquired McAfee for $7.68 billion to integrate security features into its hardware. The deal aimed to make devices more secure at the chip level. Intel eventually spun off McAfee in 2017, selling a 51% stake to TPG Capital for $4.2 billion. The acquisition demonstrated the challenges of integrating software companies into Intel’s hardware-focused culture.
The $16.7 billion acquisition of Altera in 2015 remains Intel’s largest deal. Altera made field-programmable gate arrays, chips that users can reprogram after manufacturing. Intel combined Altera’s technology with its processors for data center applications. The unit now operates as part of Intel’s programmable solutions group.
Intel paid $15.3 billion for Mobileye in 2017, entering the autonomous vehicle market. Mobileye develops advanced driver-assistance systems and computer vision technology. The acquisition has proven more successful than others, with Mobileye generating consistent revenue growth. Intel took Mobileye public in 2022, raising $861 million while retaining majority ownership.
Other notable acquisitions include Infineon’s wireless business for $1.4 billion in 2010, Habana Labs for AI chip capabilities in 2019, and Moovit for mobility data in 2020. Intel also acquired smaller companies in areas like computer vision, artificial intelligence, and networking throughout the 2010s.
FAQs
Who founded Intel Corporation?
Robert Noyce and Gordon Moore founded Intel Corporation on July 18, 1968. Both came from Fairchild Semiconductor. Arthur Rock provided the initial funding as an investor.
What does Intel manufacture?
Intel designs and manufactures microprocessors, chipsets, and related semiconductor products. The company produces chips for PCs, data centers, and IoT devices.
Where is Intel headquartered?
Intel Corporation is headquartered in Santa Clara, California. The company was originally founded in Mountain View, California, before relocating to Santa Clara.
Who is the CEO of Intel?
Lip-Bu Tan became Intel’s CEO in March 2025. He previously served as CEO of Cadence Design Systems from 2009 to 2021.
What is Intel’s stock symbol?
Intel trades on the NASDAQ stock exchange under the ticker symbol INTC. The company went public in 1971.
