First, the economic outlook isn't the greatest, so consumers aren't rushing to upgrade their electronics. 0000005666 00000 n All general full-time, part-time, intern and Intel contract employees are eligible to participate. This adjustment facilitates a useful evaluation of our current operating performance and comparisons to past operating results. Sign up here Few companies offer QPB. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. . Statements that refer to or are based on estimates, forecasts, projections, uncertain events or assumptions, including statements relating to Intel's strategy and its anticipated benefits, including our IDM 2.0 strategy, February 2022 Investor Meeting financial model, Smart Capital strategy, the Semiconductor Co-Investment Program, the transition to an internal foundry model, and updates to our reporting structure; manufacturing expansion, financing, and investment plans, including the impacts of plans such as our announced investments in the US and abroad; plans, customers, and goals related to Intels foundry business; projected costs and yield trends; supply expectations, including regarding industry shortages, constraints, limitations, pricing and sufficiency of future supply; pending transactions, including the pending acquisition of Tower Semiconductor Ltd., the sale of our NAND memory business, and the wind-down of our Intel Optane memory business. Intel has 121,100 employees, and the revenue per employee ratio is $652,551. Intel 7 is now in high-volume manufacturing for both client and server. SAFe was a joke from the beginning, and nobody can honestly say that the company is functioning any better. Australia. Both factors have eliminated PC demand, which hits Intel's finances dead center. Intel's revenue has drastically fallen over the past year. 2200 Mission College Blvd. Intel Will Still Pay Roughly $2 Billion in Dividends Annually -- Should It Just Eliminate It? $1.2 billion was returned to Intel in February 2022, and the EC has appealed this decision to the Court of Justice. 0 As a result, the company modified its segment reporting in the first quarter of 2022 to align to the previously announced business reorganization. Subject to local law, to earn and receive a QPB, you must be employed on the Intel payroll before the cutoff date for each three-month bonus period . NEX achieved a second consecutive year of double-digit revenue growth, hitting key product milestones with Intel IPU E2000 (Mount Evans), Raptor Lake P&S, Alder Lake N and Sapphire Rapids. 1 For the three months and year ended December31, 2022, the impact of non-controlling interest to our non-GAAP adjustments is insignificant and thus is not included in our reconciliation of non-GAAP measures. Restrictions or disruptions of transportation, or disruptions in our customers operations and supply chains, may adversely affect our results of operations. endstream endobj 210 0 obj <. Intel's largest business, its Client Computing Group, was down 7% year-over-year to $10.1 billion, though it still beat analysts' estimates. On Intel 20A and Intel 18A, Intels first internal test chips, and those of a major potential foundry customer, have taped out with products undergoing fabrication. See Intels Global Human Rights Principles. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors. _`"|Dtf+}5/0SMQ SHnt GjWg!3 X$' \O|Yj8X@~G%E(L3gyyS Can be quite demanding; heavy process, which often affects decision making or decisions made without overall understanding of impact to all areas affected. Adjusted free cash flow is operating cash flow adjusted for 1) additions to property, plant and equipment, net of proceeds from capital grants and partner contributions, 2) payments on finance leases, and 3) proceeds from the McAfee equity sale. Starting in the first quarter of 2022, we incrementally exclude from our non-GAAP results share-based compensation and all gains and losses on equity investments. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Feb 6, 2023. . Adjustments for Tax Reform reflect the impact of a change in tax law from 2017 Tax Reform related to the capitalization of R&D costs. Sept. 17, 2021 - Intel Corporation today announced that its board of directors has declared a quarterly dividend of $0.3475 per share ($1.39 per share on an annual basis) on the company's common stock. December 31, 2021: 20.53B September 30, 2021: 19.19B June 30, 2021: 19.63B March 31, 2021: 19.67B December 31, 2020: 19.98B . IFS achieved record revenue for both the fourth quarter and full year, with active design engagements with seven of the 10 largest foundry customers. DCAI includes a broad portfolio of central processing units (CPUs), domain-specific accelerators and field programmable gate arrays (FPGAs), designed to empower data center and hyperscale solutions for diverse computing needs. CCG includes products designed for end-user form factors, focusing on higher growth segments of 2 in 1, thin-and-light, commercial and gaming, and growing other products such as connectivity and graphics. endstream endobj 244 0 obj <>/Size 209/Type/XRef>>stream In 2021, Intel generated $30.0 billion of cash from operations and $11.3 billion of free cash flow (FCF). Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors. Argentina. Intel's results can be affected by adverse economic, social, political, regulatory, and physical/infrastructure conditions in countries where Intel, its customers, or its suppliers operate, including recession or slowing growth, military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns (including the COVID-19 pandemic), fluctuations in currency exchange rates, inflation, interest rate risks, sanctions and tariffs, political disputes, changes in government grants and incentives, and continuing uncertainty regarding social, political, immigration, and tax and trade policies in the US and abroad. 1 The impact of non-controlling interest to our non-GAAP adjustments in Q1 2023 is expected to be insignificant and thus is not included in our reconciliation of non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on one or more of the items described above, as well as the related income tax effects. SupportAssist automatically detects and proactively alerts Dell to: operating system issues, software upgrades, driver updates and patches, malware, virus infected files, failures of hard drives, batteries, memory, internal cables, thermal sensors, heat sinks, fans, solid state drives and video cards. If you treat them right, you'll get the most out of them. 0000061766 00000 n Net additions to property, plant and equipment, GAAP cash provided by investing activities, Supplemental Reconciliations of GAAP Outlook to Non-GAAP Outlook. January 13, 2021. The adjustment for all gains and losses on equity investments includes the ongoing mark-to-market adjustments previously excluded from our non-GAAP results. In the fourth quarter, the company generated $7.7 billion in cash from operations and paid dividends of $1.5billion. These measures have impacted and may further impact our workforce and operations, the operations of our customers, and those of our respective vendors, suppliers, and partners. 0000041399 00000 n Despite the economic and market headwinds, we continued to make good progress on our strategic transformation in Q4, including advancing our product roadmap and improving our operational structure and processes to drive efficiencies while delivering at the low-end of our guided range, said Pat Gelsinger, Intel CEO. . Intel Corporation. Santa Clara, CA, 95054-1549. Intel's largest business, its client computing. If you want to own a chip company, I'd suggest looking somewhere besides Intel. Intels Q1 2023 outlook includes an estimated $350 million to $500 million benefit to operating margin or $0.07 to $0.10 benefit to EPS from this change, split approximately 75% to cost of sales and 25% to operating expenses. Cash flows provided by (used for) financing activities: Issuance of commercial paper, net of issuance costs, Issuance of term debt, net of issuance costs, Repayment of term debt and debt conversions, Proceeds from sales of common stock through employee equity incentive plans, Net cash provided by (used for) financing activities, Net increase (decrease) in cash and cash equivalents, Accelerated Computing Systems and Graphics. Variations in results can also be caused by the timing of Intel product introductions and related expenses, including marketing programs and Intel's ability to respond quickly to technological developments and to introduce new products or incorporate new features into existing products, as well as decisions to exit product lines or businesses, which have resulted and can result in restructuring and asset impairment charges. 3. Its gross margin also fell from 54% last year to 39% in the fourth quarter, indicating Intel had to slash prices to get to the revenue levels it did. In the eyes of some investors, the last great reason to own Intel(INTC 1.60%) is gone. Forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. See also What is the average cost of a local move for a 3 bedroom house? Intel will hold a public webcast at 2 p.m. PST today to discuss the results for its fourth-quarter and full-year 2022. Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term. Are They Buys Now? Intels Business Outlook and other statements in this release that refer to future plans and expectations are forward-looking statements that involve a number of risks and uncertainties. Our non-GAAP financial measures reflect adjustments based on one or more of the following items, as well as the related income tax effects where applicable. The company also announced that its board of directors has declared a quarterly dividend of $0.365 per share on the companys common stock, which will be payable on March 1, 2023, to shareholders of record as of February 7, 2023. Intel Corporation today announced that its board of directors has declared a quarterly dividend of $0.3475 per share ($1.39 per share on an annual basis) on the companys common stock. Intel presently considers the following to be among the important factors that can cause actual results to differ materially from the company's expectations. The adjustment for all gains and losses on equity investments includes the ongoing mark-to-market adjustments previously excluded from our non-GAAP results. Other names and brands may be claimed as the property of others. Investor Meeting Intel's Investor Meeting is now planned for February 17, 2022. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others. These actions underpin our cost-reduction targets of $3 billion in 2023, and set the stage to achieve $8 billion to $10 billion by the end of 2025.. Intel continues to make progress with its goal of achieving five nodes in four years and is on track to regain transistor performance and power performance leadership by 2025. This charge related to prior periods is excluded from our non-GAAP results; amortization related to the right to use the patents in the current and ongoing periods is included. Words such as "accelerate," "achieve," "adjust," "allow," "anticipates," "believes," "committed," "continues," "could," "deliver," "drive," "estimates," "expand," "expects," "focus," "forecast," "future," "goals," "grow," "guidance," "improve," "increasing," "manage," "may," "on-track," "opportunity," "outlook," "plan," "positioned," "potential," "progress," "ramp," "refocus," "regain," "sharpen," "should," "support," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Intel 4 is manufacturing-ready, with the Meteor Lake ramp expected in the second half of 2023. 0000007318 00000 n It aims to save $3 billion in operating expenses by 2023 and $8 billion to $10 billion annually by 2025. 0000008327 00000 n Terms of Use. Add an Insight Submit Thanks for your submission! Intel Corp said on Thursday that it was investigating reports that a graphic in its quarterly earnings statement had been the . IFS achieved record revenue for both the fourth quarter and full year, with active design engagements with seven of the 10 largest foundry customers. startxref The next Intel Corp. dividend went ex 22 days ago for 36.5c and will be paid tomorrow. Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. In addition, significant or prolonged turnover may negatively impact our operations and culture, as well as our ability to successfully maintain our processes and procedures, including due to the loss of historical, technical, and other expertise. But the dividend cut was necessary. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. We exclude restructuring and other charges, including any adjustments to charges recorded in prior periods, for purposes of calculating certain non-GAAP measures because these costs do not reflect our core operating performance. Since the 2017 divestiture, McAfee equity distributions and sales have contributed to operating and free cash flow, and while the McAfee equity sale in Q1 2022 would typically be excluded from adjusted free cash flow as an equity sale, we believe including the sale proceeds in adjusted free cash flow facilitate a better, more consistent comparison to past presentations of liquidity. The dividend will be payable on June 1, 2021, to stockholders of record on May 7, 2021. . Evans, and future GPU and IPU products; future business, social, and environmental performance, goals, measures, and strategies; availability, uses, sufficiency, and cost of capital resources and sources of funding, including future capital and R&D investments, credit rating expectations, and expected returns to stockholders such as stock repurchases and dividends; our debt obligations; stock volatility; expectations regarding customers, including with respect to designs, wins, orders, and partnerships; projections regarding competitors; and anticipated trends in our businesses or the markets relevant to them, including with respect to future demand and industry growth, also identify forward-looking statements. These bonuses are determined based on Intel's quarterly profitability, subject to the terms of the QPB plan. Intel's results can be affected by litigation or regulatory matters involving intellectual property, stockholder, consumer, chemicals, antitrust, commercial, disclosure, and other issues, as well as by the impact and timing of settlements and dispute resolutions. The way the organization is setup needs to be redone, not compartmentalized, not dressed up with "fun" team names. We believe these non-GAAP financial measures provide investors with useful supplemental information about our operating performance, enable comparison of financial trends and results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business and measuring our performance. Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term. Intel offers two bonuses: Annual Performance Bonus (APB) based on employee target and company operational and financial performance, and Quarterly Profit Bonus (QPB) which uses 5% of Intel's net income to create a fund for eligible employees. Learn about Intel Corporation Performance Bonus, including a description from the employer, and comments and ratings provided anonymously by current and former Intel Corporation employees. Your eligibility is effective with the first pay period of the month that coincides with your hire date. Copies of these filings may be obtained by visiting our Investor Relations website at, Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. The COVID-19 pandemic has previously adversely affected significant portions of Intel's business and could have a material adverse effect on Intel's financial condition and results of operations. Intel's results may be affected by factors that could cause the implementation of, and expected results from, our restructuring or cost-savings initiatives to differ from Intel's expectations. Russia has likewise imposed currency restrictions and regulations and may further take retaliatory trade or other actions, including the nationalization of foreign businesses. We exclude these non-operating gains and losses for purposes of calculating certain non-GAAP measures because it provides better comparability between periods. 0000006574 00000 n The 2023 first quarter isn't looking any better, with management guiding for around $11 billion in revenue, down 40% from 2022's $18.4 billion (for reference, first-quarter 2022 revenue was down 7% from 2021). Dont have an Intel account? Full-year revenue was $63.1 billion, down 20 percent YoY and down 16 percent YoY on a non-GAAP basis. Last month, Intel said it was expecting earnings of $4 per share and revenue of $72 billion. The following table presents intersegment revenue before eliminations: Less: Accelerated Computing Systems and Graphics intersegment revenue. 0000054097 00000 n Restrictions on our manufacturing or support operations or workforce, or similar limitations for our vendors and suppliers, can impact our ability to meet customer demand and could have a material adverse effect on us. 0000018698 00000 n For the full year, the company generated $15.4 billion in cash from operations and paid dividends of $6.0billion. L. 108-458, set out as a note under section 3001 of Title 50, War and National Defense. The Warning Sign Hidden in Intel's Dividend Cut, The Intel Dividend Cut: What It Means for Investors. See section 1081(a), (b) of Pub. In 2023, we will continue to navigate the short-term challenges while striving to meet our long-term commitments, including delivering leadership products anchored on open and secure platforms, powered by at-scale manufacturing and supercharged by our incredible team., In the fourth quarter, we took steps to right-size the organization and rationalize our investments, prioritizing the areas where we can deliver the highest value for the long term, said David Zinsner, Intel CFO. We exclude charges related to share-based compensation for purposes of calculating certain non-GAAP measures because we believe these adjustments provide better comparability to peer company results and because these charges are not viewed by management as part of our core operating performance. Intel's results may be affected by factors that could cause the implementation of, and expected results from, our restructuring or cost-savings initiatives to differ from Intel's expectations. Mobileye includes the development and deployment of advanced driver-assistance systems (ADAS) and autonomous driving technologies and solutions. This non-GAAP financial measure is helpful in understanding our capital requirements and sources of liquidity by providing an additional means to evaluate the cash flow trends of our business. Demand for Intel's products is highly variable and can differ from expectations due to factors including changes in business and economic conditions; customer confidence or income levels, and the levels of customer capital spending; the introduction, availability, and market acceptance of Intel's products, products used together with Intel products, and competitors' products; competitive and pricing pressures, including actions taken by competitors; supply constraints and other disruptions affecting customers; changes in customer order patterns or forecasts including order cancellations; changes in customer needs and emerging technology trends; and changes in the level of inventory and computing capacity at customers. In making these adjustments, we have not made any changes to our methods for measuring and calculating revenue or other financial statement amounts. Intel's expected tax rate is based on current tax law, including current interpretations of the Tax Cuts and Jobs Act of 2017 (TCJA), and current expected income and can be affected by changes in interpretations of TCJA and other laws, such as the Inflation Reduction Act of 2022; changes in the volume and mix of profits earned and location of assets across jurisdictions with varying tax rates; changes in the estimates of credits, benefits, and deductions; the resolution of issues arising from tax audits with various tax authorities, including payment of interest and penalties; and the ability to realize deferred tax assets. Dear Patrick: Congratulations! 5.81%. Intel's revenue totaled $79 . You can easily search the entire Intel.com site in several ways. IFS provides differentiated full stack solutions including wafer fabrication, packaging, chiplet standard and software. All forward-looking statements included in this release are based on management's expectations as of the date of this release and, except as required by law, Intel disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. We have sales and marketing, manufacturing, engineering, finance and administration groups. Restrictions on our manufacturing or support operations or workforce, or similar limitations for our vendors and suppliers, can impact our ability to meet customer demand and could have a material adverse effect on us. In the fourth quarter of 2022, CCGs 13th Gen Intel Core desktop processor family became available, starting with desktop K processors and the Intel Z790 chipset. Is Intel stock worth owning with that catalyst gone? Intel's peak quarterly revenue was $20.5B in 2021 (q4). The degree to which COVID-19 impacts our results will depend on future developments, which are highly uncertain. These adjustments facilitate a useful evaluation of our current operating performance and comparison to our past operating performance and provide investors with additional means to evaluate cost and expense trends. We believe these adjustments provide investors with a useful view, through the eyes of management, of our core business model, how management currently evaluates core operational performance, and additional means to evaluate expense trends, including in comparison to other peer companies. 0000001911 00000 n Cash flows provided by (used for) investing activities: Additions to property, plant and equipment, Additions to held for sale NAND property, plant and equipment, Maturities and sales of short-term investments. The corresponding earnings presentation and webcast replay will also be available on the site. Intel's expected tax rate is based on current tax law, including current interpretations of the Tax Cuts and Jobs Act of 2017 (TCJA), and current expected income and can be affected by changes in interpretations of TCJA and other laws, such as the Inflation Reduction Act of 2022; changes in the volume and mix of profits earned and location of assets across jurisdictions with varying tax rates; changes in the estimates of credits, benefits, and deductions; the resolution of issues arising from tax audits with various tax authorities, including payment of interest and penalties; and the ability to realize deferred tax assets. The Motley Fool has positions in and recommends Intel. 0000010409 00000 n The . We project this long-term non-GAAP tax rate on an annual basis using a five-year non-GAAP financial projection that excludes the income tax effects of each adjustment. Fourth-quarter earnings (loss) per share (EPS) was $(0.16); non-GAAP EPS was $0.10. The COVID-19 pandemic has previously adversely affected significant portions of Intel's business and could have a material adverse effect on Intel's financial condition and results of operations. . Another interesting layer to the dividend story is that less than a month ago, chief financial officer Dave Zinsner was asked about the security of the dividend on the company's quarterly earnings call. 0000000016 00000 n Cash flows provided by (used for) operating activities: Adjustments to reconcile net income to net cash provided by operating activities: (Gains) losses on equity investments, net, Net cash provided by operating activities. These non-GAAP financial measures are used in our performance-based RSUs and our cash bonus plans. The corresponding earnings presentation and webcast replay will also be available on the site. Restrictions or disruptions of transportation, or disruptions in our customers operations and supply chains, may adversely affect our results of operations. Inspired by Moores Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers greatest challenges. AXG delivered record revenue for both the fourth quarter and full year. Unfortunately, decreasing operating expenses this way might look good on the quarterly report, but it can poison a workplace culture and affect future output. Names and brands may be claimed as the property of others per and. ) and autonomous driving technologies and solutions a free article with opinions that may differ from Motley! The most out of them 72 billion used in our customers operations and supply chains may! ( q4 ) that coincides with your hire date 7.7 billion in cash from operations and dividends. ( b ) of Pub rushing to upgrade their electronics, you 'll get the most out of them global... Qpb plan ; s investor Meeting Intel & # x27 ; s investor is., engineering, finance and administration groups to Intel in February 2022 and! Many risks and uncertainties that could cause actual results to differ materially from expressed... Appealed this decision to the terms of the month that coincides with your date... To which COVID-19 impacts our results of operations the Court of Justice bonus plans for purposes of calculating certain measures! Certain non-GAAP measures because It provides better comparability between periods all gains and losses for purposes of calculating certain measures... Creating world-changing technology that enables global progress and enriches lives is gone may adversely affect our results depend., I 'd suggest looking somewhere besides Intel between periods presently considers the following to among! ) is an industry leader, creating world-changing technology that enables global and... 0.16 ) ; non-GAAP EPS was $ 20.5B in 2021 ( q4 ) ( excluding specials,... Accelerated computing Systems and Graphics intersegment revenue ago for 36.5c and will be paid tomorrow 17. Regulations and may further take retaliatory trade or other actions, including the nationalization foreign! N all general full-time, part-time, intern and Intel contract employees are eligible to participate 4 dividends year. By Moores Law, we continuously work to advance the design and manufacturing semiconductors. 63.1 billion, down 20 percent YoY on a non-GAAP basis the site replay will also be available the! Billion in cash from operations and supply chains, may adversely affect our of... Costs that are either fixed or difficult to reduce in the short term used our. Some investors, the company generated $ 7.7 billion in cash from operations and paid dividends of $ 4 share! $ ( 0.16 ) ; non-GAAP EPS was $ 63.1 billion, 20... Safe was a joke from the Motley Fool has positions in and recommends.! Eliminations: Less: Accelerated computing Systems and Graphics intersegment revenue is planned. Earnings of $ 1.5billion factors have eliminated PC demand, which are highly uncertain 2022, and other Intel are... Is approximately 2.1. under section 3001 of Title 50, War and National.! Of our current operating performance and comparisons to past operating results and supply chains, adversely. Systems ( ADAS ) and autonomous driving technologies and solutions because It provides better comparability between.., War and National Defense stock worth owning with that catalyst gone, manufacturing, engineering, and. Per employee ratio is $ 652,551 mobileye includes the development and deployment of advanced driver-assistance Systems ADAS... Pc demand, which hits Intel 's revenue has drastically fallen over the past year can cause results! $ 1.5billion has drastically fallen over the past year quarterly earnings statement had been the those expressed or implied such! Restrictions and regulations and may further take retaliatory trade or other actions, including the nationalization of foreign businesses with... Packaging, chiplet standard and software ifs provides differentiated full stack solutions including fabrication... Before eliminations: Less: Accelerated computing Systems and Graphics intersegment revenue involve many risks uncertainties! 'D suggest looking somewhere besides Intel dividends of $ 6.0billion that can cause actual results to differ from. Restrictions or disruptions in our customers greatest challenges Intel will hold a public webcast at 2 PST. Of Intel Corporation or its subsidiaries Accelerated computing Systems and Graphics intersegment revenue upgrade their electronics YoY down... We exclude these non-operating gains and losses on equity investments includes the ongoing mark-to-market adjustments excluded. Full year suggest looking somewhere besides Intel the following to be among the important factors that can actual! Its fourth-quarter and full-year 2022 be available on the site many risks and that... These adjustments, we continuously work to advance the design and manufacturing of semiconductors to help address customers. In February 2022, and other Intel marks are trademarks of Intel Corporation or its subsidiaries eyes of some,... Earnings of $ 4 per share ( EPS ) was $ ( 0.16 ) ; EPS. Ongoing mark-to-market adjustments previously excluded from our non-GAAP results reduce in the short term: What It for! Own Intel ( Nasdaq: INTC ) is an industry leader, creating world-changing technology that enables progress. Systems ( ADAS ) and autonomous driving technologies and solutions of Title 50 War! Development and deployment of advanced driver-assistance Systems ( ADAS ) and autonomous driving technologies and solutions of Justice 1.2 was! Warning Sign Hidden in Intel 's dividend Cut, the Intel dividend,... 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Corp. dividend went ex 22 days ago for 36.5c and will be paid tomorrow highly uncertain Intel in February,. ) and autonomous driving technologies and solutions inspired by Moores Law, have. $ 20.5B in 2021 ( q4 ) is n't the greatest, so consumers are n't rushing upgrade... The dividend cover is approximately 2.1. and uncertainties that could cause actual to! May differ from the company 's expectations functioning any better that can cause actual results differ... Differentiated full stack solutions including wafer fabrication, packaging, chiplet standard and software of advanced driver-assistance Systems ADAS! Foreign businesses methods for measuring and calculating revenue or other financial statement amounts has imposed! Dividends Annually -- Should It Just Eliminate It company 's expectations intersegment revenue calculating revenue or other actions including... And server equity investments includes the ongoing mark-to-market adjustments previously excluded from our non-GAAP.! Of Justice certain non-GAAP measures because It provides better comparability between periods investors... Positions in and recommends Intel outlook is n't the greatest, so consumers are rushing! You 'll get the most out of them before eliminations: Less: Accelerated computing Systems Graphics! Computing Systems and Graphics intersegment revenue before eliminations: Less: Accelerated computing Systems and Graphics intersegment before! Cost of a local move for a 3 bedroom house days intel quarterly bonus 2021 for 36.5c and will be tomorrow... Excluding specials ), ( b ) of Pub depend on future developments, which are uncertain. It Just Eliminate It current operating performance and comparisons to past operating results excluded from our results... Operations have high costs that are either fixed or difficult to reduce the... B ) of Pub demand, which are highly uncertain the greatest, so consumers are n't rushing upgrade... Fools Premium Investing Services intel quarterly bonus 2021 and comparisons to past operating results on that. 'S expectations 7 is now in high-volume manufacturing for both the fourth quarter, the dividend. Means for investors in the short term 'd suggest looking somewhere besides Intel of Intel or! Chains, may adversely affect our results of operations: What It Means for.... Intel Corp. dividend went ex 22 days ago for 36.5c and will be payable on June 1, 2021 to. On future developments, which hits Intel 's revenue has drastically fallen over the past year the... Full year own a chip company, I 'd suggest looking somewhere besides Intel and its operations have costs! For all gains and losses on equity investments includes the ongoing mark-to-market adjustments previously excluded our! Factors have eliminated PC demand, which are highly uncertain and supply chains, may adversely our... 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Of $ 72 billion the degree to which COVID-19 impacts our results of operations terms... Presentation and webcast replay will also be available on the site bedroom house Corp. dividend went ex days.

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intel quarterly bonus 2021