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Intel designs and manufactures semiconductor chips, with a focus on microprocessors for personal computers, servers, and other devices. Its core product is the CPU on a single silicon chip, which executes instructions, handles arithmetic and logic operations, and coordinates the work of other computer components. Intel originated in memory chips but shifted decisively to microprocessors in the 1980s, becoming a central supplier for the PC era after the IBM partnership and its famous x86 processor line. This shift, large-scale manufacturing, and close ties with computer makers set Intel apart from competitors who remained focused on memory or other components. The company aims to power computing by delivering high-performance, energy-efficient silicon solutions that drive a wide range of computing devices and applications.
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
1999
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We Invest in Your Life and Career: Intel offers a complete and competitive package of benefits1 that demonstrates how much we care for employees and their families through every stage of life.
Great Minds Deserve Great Rewards: We offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, and benefit programs.
Intel Fuels Career Acceleration: Curiosity drives us to change the world. We provide employees opportunities to expand their knowledge, leadership abilities, and skill set.
Vacation, Holidays, and More: We offer opportunities for employees to refresh and recharge—from paid vacation time and holidays to flexible time off programs.
Health Benefits for the Whole You: We provide multiple benefits and resources to help employees take care of themselves and their families.
Intel Corporation's shares have surged over 170% year-to-date, surpassing AI GPU giant Nvidia in both gains and valuation. Intel's forward price-to-earnings ratio stands at 54.64, higher than Nvidia's 23.58. However, CNBC's Jim Cramer prefers Nvidia, stating that GPU demand will outpace CPU demand due to robotics and autonomous driving applications. Cramer praised Intel's recovery under CEO Lip-Bu Tan but maintained his preference for Nvidia's technology. Intel's second-quarter data centre revenue reached $6.26 billion, beating analyst estimates of $5.37 billion, with 59% growth. The company is expanding its foundry business, with CEO Tan expressing optimism about its 14A chip manufacturing process. Despite strong performance, Intel's foundry segment reported a $2.1 billion operating loss in Q2. Analysts at Piper Sandler warn that near-term upside may be limited following the sharp share price gains.
Intel and SK Hynix shares have surged this week following reports the companies are discussing partnership opportunities to manufacture memory chips in the US. The talks reportedly focus on Intel's delayed Ohio manufacturing complex, with options ranging from SK Hynix leasing capacity to a broader joint venture involving cloud companies. However, no formal partnership has been announced. Since Wednesday, Intel shares have jumped roughly 10%, whilst SK Hynix climbed about 5%. Intel's second-quarter revenue rose 25% year-over-year to $16.1 billion, with Data Centre and AI revenue surging 59% to $6.3 billion. SK Hynix leads in high-bandwidth memory, a crucial component in AI accelerators, supplying customers including Nvidia and Microsoft. The company recently began mass shipments of HBM4, its latest generation memory product.
Jim Cramer named Intel and Micron Technology as his top technology stock picks on Mad Money's 17 September episode, calling Intel "the best stock in show" and Micron "number two". Cramer noted both companies' products are in short supply and disclosed he recently purchased Micron shares. Intel's second-quarter revenue rose 25% year-over-year to $16.1 billion, whilst Data Centre and AI revenue increased 59% to $6.3 billion. However, Intel Foundry posted a $2.1 billion operating loss despite $5.8 billion in revenue. Micron's fiscal third-quarter GAAP operating margin reached 80.4%, up from 23.3% a year earlier, with operating cash flow hitting $25.4 billion. The company reported DRAM inventories were "very tight". Intel CEO Lip-Bu Tan warned memory capacity is "very limited", with prices rising five to seven times and conditions expected to worsen.
Intel CEO Lip-Bu Tan warned that memory prices have surged five to seven times, now comprising roughly 75% of the cost for some lower-end phones and laptops. He cautioned the shortage could worsen in 2027. Tan told investors the industry faces one of its most severe supply constraints across logic, silicon wafers, memory, and substrates. Intel is redirecting production toward data-centre CPUs and projects 2026 capital expenditure above $20 billion, with 2027 spending expected to rise significantly higher. Micron Technology echoed the outlook, stating tightness will continue beyond 2027. SK hynix flagged 2027 as potentially the industry's worst supply year. Micron holds $100 billion in take-or-pay contracts and $22 billion in customer deposits, locking in floor pricing above previous peak margins.