Contents

Summary

  • Intel Corporation first got incorporated under the name NM Electronics Inc. on 18 July, 1968. But soon afterwards, on 6 August, 1968, the company changed its name into current name. The company first went public through its Initial Public Offering (IPO) on October 13, 1971 at a price of $23.50.
  • Company’s float as on 14 October, 2022 is 4.11 billion and market cap (intraday) on the same date is 102.81 billion.
  • The company reported $15.3 billion revenue in Q2’22, which was $19.5 billion during Q2’21. The result is an outcome of CCG and DCAI revenue decreased by 25% and 16%, respectively. Gross profit margin of the company was 36.5% during this quarter against 57.1% a year earlier.
  • During the year ended December 25, 2021, Intel has reported $79.02 billion in revenue as compared to $77.867 billion a year earlier.
  • During the year 2021, the company invested $15.2 billion in R&D, made capital investments of $18.7 billion, and generated $30.0 billion in cash from operations and $11.3 billion of free cash flow.
  • Operating income of the company is reported $19.5 billion in 2021 as compared to $23.7 billion in 2020, a decrease of 18%. Net income of the company is $19.86 billion, which was $20.89 billion a year earlier. Diluted earnings per share (EPS) is $4.86 in 2021, which was $4.94 in 2020.
  • In March, 2021, the CEO Pat Gelsinger introduced “IDM 2.0”, a major evolution of that strategy. IDM 2.0 is a combination of Intel’s Internal Factory Network, Third-party Capacity and Net Intel Foundry Services.

 

Tags: US:INTC USA
Created by Md. Touhidul Islam on 2022/10/10 10:05
     
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