Summer 2024
Undergrad Technical Intern
Posted on 3/8/2024
Intel
10,001+ employees
Pioneers microprocessors, CPUs for PCs
Compensation Overview
$40k - $108k/mo
Company Historically Provides H1B Sponsorship
Santa Clara, CA, USA + 1 more
More locations: Hillsboro, OR, USA
Bachelor's
 DevOps & Infrastructure |
|---|
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- Pursuing a Bachelor's Degree in Computer Science, Computer Engineering, Information Systems, or related field
- 3+ months experience in programming and data structures
- Ability to work on-site in Santa Clara
- Work on real-world projects with ownership from day one
- Gain understanding of design, development, and integration of complex systems
- Learn about state-of-the-art operating systems, virtual environments, system management, and network storage and encryption
- Maintain various client/server architectures
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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Simplify's Take
What believers are saying
- Intel raised 2026 capex above $20 billion after strong AI data-center demand.
- June-quarter data-center revenue jumped 59%, validating Intel's server turnaround.
- Lip-Bu Tan invested $12 million into Intel's $20 billion offering.
What critics are saying
- Intel plans Data Center and AI layoffs in August 2026 after prior cuts.
- Intel sold 210.5 million shares at $95, plus 31.6 million underwriters' options.
- If 14A misses external customers, Intel Foundry loses its next-node business case.
What makes Intel unique
- Intel 18A powers Panther Lake, Clearwater Forest, and the foundry pitch.
- Raptor Lake still serves DDR4 buyers, preserving desktop share during memory shortages.
- Nova Lake targets 2027 with bLLC and bigger cache against AMD X3D.
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Benefits
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.
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↓ -2%Silicon Florist links arrangement for august 14, 2026. Here's a roundup of interesting startup links I came across today: Whether you're deep in the tech world or just tech-curious, if you're in Bend and want real conversations with interesting people, you belong here. Bring a friend, bring a coworker, or come solo and leave with new connections. No presentations, no sales pitches. Just good people and good conversation. Each quarter, LO TECH CONNECT presents "The Forum" featuring a speaker of note in the technology field. This quarter, our speaker is Scott Mokler, retired Senior Principal Engineer at Intel Corporation. He will discuss the recent awarding to Oregon of $160 million from the National Science Foundation under the Frontiers of Advanced Semiconductor Technology (FAST) grant program and how this award could kick-start a new era of growth for Oregon's semi-conductor industry. "I've been really enjoying my time getting to know more people in the Portland community," Bhathal Merage said. "It's a really special place filled with kind individuals, and I have really loved my time here." Today, President Donald J. Trump signed a Proclamation to address the national security threat posed by imports of drones and their components, including by strengthening America's drone industry and supply chain. This, OpenAI says, will then allow ChatGPT to answer questions like "What was I debugging yesterday?" or "Where did I leave off on that PR?" - all without having to re-explain the full context of your query. Based on your history, ChatGPT will then be able to find the files, documents, and conversations relevant to your query, no matter whether they were in Google Docs, Slack, or an open browser tab. On Thursday, Anthropic's Frontier Red Team published new research examining how groups of AI agents behave when they encounter each other in the wild. The findings provide a glimpse into potential risks that could develop as companies and governments move to implement agents working autonomously across shared codebases, markets, and computer systems. A King County Superior Court judge issued a final order requiring KalshiEX (Kalshi) to cease many of its Washington operations after finding that Kalshi likely violated the Washington Gambling Act and the Consumer Protection Act by running an illegal gambling operation in Washington. In my opinion and that of the colleagues I've spoken with, working with Opus 5 feels like a downgrade compared to Opus 4.7, Opus 4.8, and Fable. Today we're launching Bluesky Protocol Services: a new brand, and a new website, for the public infrastructure Bluesky operates on the AT Protocol network. Anthropic investors expect the AI startup to float at a valuation of $2 trillion or more in October, a dizzying figure that would eclipse SpaceX and make the AI lab's debut the largest-ever initial public offering. In the past two months, the board added more than $100 billion each month in value from newly minted unicorns. Three companies joined the board at decacorn values. Crypto.com, Kling AI and Ant International together added $49 billion in the past month. As I continue embarking on this entrepreneurial journey, one question keeps creeping in the back of my mind: how do you build a moat? Seattle Tech Week started on a Monday night with pickleball in SoDo and ended, five days later, somewhere between a rooftop happy hour, a Lake Union cruise, and a Mariners game. In between: roughly 250 events across boardrooms, incubators, coworking spaces, an Amtrak train, pickleball courts, concert venues... and an axe-throwing range. I'm still in awe that the whitest city in America was the platform to launch one of the most amazing black pitch events in the United States. All thanks to Stephen Green. But that just lends credence to my whole "ridiculous decisions" argument. The plan calls on Washington, Oregon, Idaho and western Montana to add 11,000 megawatts to the region's grid. That's about a third of the electricity the Northwest uses at peak demand, such as during a heat wave. Oregon Venture Fund invests in the most competitive startups who have a presence in Oregon and Southern Washington. While we review 250-300 business plans per year, we invest in only 3 to 4 new companies annually and make 4 to 5 follow-on investments in portfolio companies meeting their milestones. Our portfolio has earned an average 16% net IRR and produced a 3.1X average net return across all funds since 2007 (19 annual funds!). In the United States, humanoid robotics is still in its infancy. Analysts estimate that the top humanoid companies made just a few hundred robots last year. Most aren't available for purchase by the average consumer, but instead are part of test projects with other companies in warehouses and factories. By comparison, Unitree and another Chinese company, Agibot, together made about 10,000. Published by Rick Turoczy. More than mildly obsessed with the Portland startup community. Founder and editor at Silicon Florist. Cofounder and general manager at PIE. Follow me on Twitter: @turoczy View all posts by Rick Turoczy
Spectre rears its ugly head again as researchers show some RISC-V chips are susceptible. 2026-08-14 20:08 Eight years on, IT Security News is still paying to hide the future glimpsed during speculative execution Read the original article: Eight years on, IT Security News is still paying to hide the future glimpsed during speculative execution Hacking & Cracking August 12, 2026 9 posts were published in the last hour20:31: Native AI Security Comes to Claude: Why Anthropic's Inference Hooks Matter 20:31: CEVA Logistics Cyberattack Disrupts European Warehouses and Shipments 20:31: Blockchain and AI: Why Trusted Data Matters 20:31: Edge is dropping older extensions, affecting popular privacy tools... August 12, 2026 In "hourly summary" More than six years after the Spectre security flaw impacting modern CPU processors came to light, new research has found that the latest AMD and Intel processors are still susceptible to speculative execution attacks. The attack, disclosed by ETH Zürich researchers Johannes Wikner and Kaveh Razavi, aims to undermine the... October 29, 2024
Intel wants to keep offering Raptor Lake CPUs till memory prices return to normal. Intel will keep on offering older Raptor Lake CPUs to allow PC builders an alternative to higher DDR5 prices. DDR5 prices are not coming down anytime soon, so Intel has decided to keep its Raptor Lake CPUs on shelves for years to come. As the memory supply crunch continues, PC builders are being forced out of upgrades. Wccf Tech Inc has covered on many occasions just how bad things are for consumers at the moment, as prices across all components continue to rise. Given this situation, Intel's client division seems to be reviving existing lineups while working on newer ones. Wccf Tech Inc has seen AMD refresh its Ryzen 5000 and Ryzen 7000 series with cheaper and attractive offerings on the AM4 and AM5 platforms. The reason for these refreshes is simple: to allow existing PC owners something better on their existing platforms. Why it's important to support older platforms is due to the fact that memory prices have seen the harshest rise so far. That means that DDR4 owners will have to pay a massive cost to upgrade to DDR5 platforms, while DDR5 owners who are looking to increase capacities are going to see price tags 2-3x higher than what they paid for. As such, Intel decided a few months back that it will continue to focus on Raptor Lake CPUs, which make up its 13th & 14th Gen lineups. The thing with Raptor Lake is that users can select between both DDR5 and DDR4 motherboards, & there are even hybrid DDR5/DDR4 motherboards on the market to support these chips. Although Intel worked with partners on the HUDIMM standard, it unfortunately didn't pick up as many as hoped for. Now, Intel has once again reaffirmed that it will continue to support and offer Raptor Lake CPUs. In an interview with Tom's Hardware, Robert Hallock (VP/GM, Enthusiast Channel Business at Intel) has said that 10nm products such as Raptor Lake will remain an integral part of the client lineup for years to come. Robert says that "lots of people are still interested in DDR4," and that gives them the incentive to keep these older lineups up and running. The fact is that DDR4 prices aren't that great either, but at least they are cheaper than DDR5, with 16 GB kits now selling for more than mainstream GPUs. And 16 GB is the bare minimum that Wccf Tech Inc'd suggest to gamers, with 32 GB being the adequate amount for a decent gaming build. Intel is also working on a new refresh of its Raptor Lake CPUs that will include Core 7, Core 5, and Core 3 lineups on desktops with up to 20 cores, retaining compatibility on the LGA 1700 socket. On the laptop side, Intel has also ramped up its Lunar Lake lineups to appeal to the masses while Panther Lake and Wildcat Lake continue to serve the premium and entry-tier segments using its own internal nodes. This doesn't mean that Intel will not focus on next-generation lineups. Intel's Core Ultra 200S Plus CPUs gave new life to Arrow Lake after the lineup failed to impress gamers. The new chips offer much better value, and with recent discounts + game bundles, they are looking superb. On the other hand, Intel is working on Nova Lake for next year, which will continue to serve the high-end and enthusiast space. In the coming years, Wccf Tech Inc will see both AMD & Intel refocus on older DDR4 platforms, which will continue until prices return to normal. Current estimates suggest that memory prices are going to remain this way till at least 2029-2030, and neither company would want to leave out entry and mainstream tiers, which make up the bulk of their unit and revenue share. About the author: A Software Engineer by training and a PC enthusiast by passion, Hassan Mujtaba serves as Wccftech's Senior Editor for hardware section. With years of experience in the industry, he specializes in deep-dive technical analysis of next-generation CPU and GPU architectures, motherboards, and cooling solutions. His work involves not only breaking news on upcoming technologies but also extensive hands-on reviews and benchmarking. Follow Wccftech on Google to get more of its news coverage in your feeds.
Intel has generated positive free cash flow for the first time in four years, reaching $2.8bn over the past 12 months on $57bn revenue. The stock has returned 363% over 12 months and trades at 9.1 times sales, well above the sector average of 3.6 times. Data centre revenue rose 59% year-over-year in the June quarter. However, Intel has raised 2026 capital spending to over $20bn, mostly for tooling, with 2027 expected to run significantly higher. The company warns that back-end investments, including substrate purchases, could challenge positive cash flow in 2027. Intel has $40bn in liquidity and may tap capital markets if expansion proceeds as planned. The analysis suggests holding the stock, watching whether free cash flow remains positive once back-end spending is added to the 2027 capital budget.
Intel CEO Lip-Bu Tan is investing $12 million of his own money in the chipmaker's $20 billion stock offering, according to a Securities and Exchange Commission filing. Tan and a family member will purchase the shares at $95 each as part of the upsized offering, which was increased from $15 billion. Futurum Group CEO Daniel Newman described the investment as "a strong sign of confidence in Intel's future" on social media. The capital raise follows Intel's second-quarter results, which showed revenue of $16.13 billion, up 25% year over year. The company forecast third-quarter revenue between $15.8 billion and $16.8 billion. Intel previously increased its 2026 capital spending forecast to $20 billion from $18 billion, citing strong AI data centre demand. Intel shares closed at $100.95 on Wednesday, up 3.32%.