Intel Corporation (INTC)

Intel's stock price has experienced significant events and fluctuations in the past six months. In Q4 2024, Intel reported revenue of $14.3 billion, down 7% year-over-year, and full-year revenue of $53.1 billion, down 2% year-over-year. David Zinsner and Michelle Johnston Holthaus were appointed interim Co-CEOs, and the company announced a comprehensive review of its businesses. Intel announced layoffs of over 500 employees in Oregon as part of cost-cutting initiatives. Intel has been emphasizing its investments in AI and high-performance computing. Intel has significantly underperformed the semiconductor industry and peers. Intel is scheduled to report its second-quarter 2025 earnings, with analysts forecasting revenue of $11.87 billion and EPS of $0.01.

Intel's demand for products and services exhibits some seasonality. The company's Intel Architecture business experiences solid seasonal growth, but the first quarter typically reflects seasonal weakness. Intel anticipates a slight seasonal recovery in gross margins in the second half of 2025.

Intel Corporation is a multinational technology company that designs, develops, manufactures, and sells computing and related products and services worldwide. The company operates primarily within the Technology sector and the Semiconductors & Semiconductor Equipment industry. Intel's business is segmented into Intel Products, Intel Foundry, and All Other. Its major products include microprocessors and chipsets, graphics processing units (GPUs) and accelerators, field programmable gate arrays (FPGAs), memory and storage, connectivity and networking products, driving assistance and self-driving solutions, advanced process technologies, and intelligent edge platforms.

Intel has a significant global presence with its headquarters in Santa Clara, California. The company's global network includes 15 wafer fabrication plants (fabs) in production worldwide across 10 locations. Fab production sites in the United States include Chandler, Arizona; Rio Rancho, New Mexico; and Hillsboro, Oregon. Fab production sites outside the United States include Leixlip, Ireland; Jerusalem, Israel; and Kiryat Gat, Israel. Assembly and test sites are located in the United States, Shanghai and Chengdu, China; San Jose, Costa Rica; Kulim and Penang, Malaysia; and Ho Chi Minh City, Vietnam. Intel also has a comprehensive business presence in China with over 12,000 employees involved in research, development, manufacturing, and marketing.

Intel's brand reputation has been impacted by manufacturing delays, lagging in AI innovation, and financial difficulties. The appointment of Lip-Bu Tan as the new CEO and the initiation of the IDM 2.0 strategy are efforts to regain market leadership and improve its reputation. The US CHIPS Act funding awarded in 2024 could bolster Intel's manufacturing capabilities and potentially improve its reputation.

Intel's ownership is primarily held by institutional investors, with a smaller portion by individual shareholders. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and State Street Corp. Key individual shareholders include Patrick Gelsinger, Sandra Rivera, and James Goetz.