INTEL CORP (INTC) Stock Forecast

About the Company

Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. Intel designs, manufactures, and sells computer components such as central processing units (CPUs) and related products for business and consumer markets. It was the world's third-largest semiconductor chip manufacturer by revenue in 2024 and has been included in the Fortune 500 list of the largest United States corporations by revenue since 2007. It was one of the first companies listed on Nasdaq. 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. Intel was founded on July 18, 1968, by semiconductor pioneers Gordon Moore 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 static (SRAM) and dynamic random-access memory (DRAM) 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, 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%, 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 since the late 2010s, Intel has faced increasing competition from AMD, which has led to a decline in 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.

Sector

Manufacturing

Industry

Semiconductors & Related Devices

Employees

110600

Exchange

Nasdaq