Intel Company profile
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The Intel Corporation (INTC) is an American global producer of computer components. Founded in 1968 by the scientists Gordon Moore and Robert Noyce and headquartered in Santa Clara, California, the company employs more than 107,000 people around the world.
Intel is one of the world’s largest and most valuable semiconductor chip manufacturers. It operates through eight divisions: Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Intel Security Group, Programmable Solutions Group, All Other and New Technology Group.
Intel deals with developing and producing platforms, microprocessors, chipsets, flash memory, security software products, programmable semiconductors and related products for a wide range of markets.
The majority of Intel’s revenue comes from four countries: The United States, China, Singapore and Taiwan with 10 percent coming from the rest of the world. In 2019, the company’s global revenue reached $71.97 billion.
Intel shares are traded on the NASDAQ stock exchange under the ticker symbol INTC. The company is a constituent of the US Tech 100 index, the S&P 100 and the DJIA stock market indices. You can follow the INTC share price in real-time with Capital.com to spot the best trading opportunities.
A major player, Intel has a 15 per cent share of the total semiconductor market. The company’s rivals include: Samsung Electronics, Micron Technology, Qualcomm, Toshiba, Sk Hynix and Broadcom.
Intel went public on October 13, 1971 at a price of $23.50 per share or 2.0 cents adjusted for its 13 subsequent stock splits. The Intel stock price reached its all-time high of $74.88 on August 31, 2000. According to its latest earnings report, Intel reported a strong Q4 2019 with revenue growth of 8 per cent. The company met Wall Street expectations thanks to strong growth in its Data Center division.
“In 2019, we gained share in an expanded addressable market that demands more performance to process, move and store data,” said Bob Swan, Intel CEO. He added: “One year into our long-term financial plan, we have outperformed our revenue and EPS expectations. Looking ahead, we are investing to win the technology inflections of the future, play a bigger role in the success of our customers and increase shareholder returns."
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