# Intel Corp. (INTC)

> Intel designs and sells computer processors and related chips, and makes chips and chip packages for itself and outside customers.

- Exchange: NASDAQ · Sector: Technology · Industry: Semiconductors
- Headquarters: Santa Clara, California
- Founded: 1968
- SEC CIK: 0000050863 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000050863))
- Full page: https://inspectstocks.com/stocks/intc
- Data as of: price 2026-09-25; newest filing used 2026-07-24; latest fiscal period ended 2026-06-27

## Grade

**A-** on the growth-and-cash rubric, 5 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | passed | $57B | $54B |
| Revenue growing recently | passed | $57B | $52.9B |
| Free cash flow positive | passed | $2.8B |  |
| Free cash flow growing overall | passed | $2.8B | -$16.5B |
| Free cash flow growing recently | passed | $2.8B | -$4.9B |

Business quality (the + / − mark): 1 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -19.8% |  |
| Healthy profit margin | failed | -19.8% |  |
| Strong operating margin | failed | -0.1% |  |
| Good return on equity | failed | -9.9% |  |
| Debt under control | passed | 0.41 |  |
| Turns sales into cash | failed | 5.0% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $57B |
| Net income, trailing twelve months | -$11.3B |
| Free cash flow, trailing twelve months | $2.8B |
| Net margin | -19.8% |
| Operating margin | -0.1% |
| Return on equity | -9.9% |
| Debt to equity | 0.41 |
| Diluted EPS, trailing twelve months | -$2.12 |
| Share price | $123.00 |
| Market value | $620.4B |
| Price / sales | 10.9x |

## What the business does

Intel designs processors for personal computers and data centers, along with graphics chips, networking products, and custom chips. It manufactures many of its own chips and also sells chip manufacturing and packaging services to outside customers. Its products are sold to computer makers, cloud and business customers, and other companies that use chips in their products.

### How it makes money

- **Client Computing: processors and related chips for personal computers** (41.1% (six months ended June 27, 2026)) — Intel sells chips such as Core processors to computer makers and other customers. This share is calculated from reported segment revenue before intersegment eliminations, so it is not a share of consolidated revenue.
- **Data Center and AI: server processors and related products** (28.0% (six months ended June 27, 2026)) — Intel sells Xeon server processors and related products to cloud providers, businesses, and other customers. This share is calculated from reported segment revenue before intersegment eliminations, so it is not a share of consolidated revenue.
- **Intel Foundry: chip manufacturing and packaging** (27.7% (six months ended June 27, 2026)) — The foundry makes wafers and provides related services, including to Intel's own chip businesses; most reported segment revenue is from internal sales that are eliminated when Intel reports consolidated revenue. External foundry revenue was $293 million (three months ended June 27, 2026, high confidence).
- **All Other: businesses including Mobileye and IMS** (3.3% (six months ended June 27, 2026)) — This category includes businesses outside the main reportable segments, including Mobileye and IMS. The share is calculated from reported segment revenue before intersegment eliminations, so it is not a share of consolidated revenue.

### Products

- **Intel Core processors** — Processors used in personal computers, including consumer and business computers.
- **Intel Xeon processors** — Processors used in servers that run cloud services and business data centers.
- **Intel Arc graphics** — Graphics processors and built-in graphics used in computers and gaming devices.
- **Custom chips and design services** — Intel designs custom chips for customers, including security and data-center products.
- **Intel Foundry wafer and packaging services** — Intel manufactures chips on silicon wafers and packages chips for use in electronic products, for its own businesses and outside customers.

### Customers

- Personal-computer makers, which buy processors and related chips for consumer and business computers.
- Cloud-service providers and data-center operators, which buy server processors, networking products, and custom chips.
- Businesses and government customers, which buy computers and server products directly or through computer makers and other suppliers.
- Companies that design their own chips and hire Intel to manufacture wafers or package chips.

### Competitors

- Advanced Micro Devices (AMD) — Personal-computer and server processors.
- Arm Holdings (ARM) — Processor designs and the technology used in chips for computers and data centers; Intel's chief executive described Arm as both a partner and a competitor.
- NVIDIA (NVDA) — Graphics processors and chips used in artificial intelligence computing.
- Taiwan Semiconductor Manufacturing Company (TSM) — Chip manufacturing services for customers that design their own chips.

### What it depends on

- Intel depends on its factories, manufacturing equipment, and successful development of new chipmaking processes to supply many of its own products and its foundry customers.
- The company depends on outside suppliers for components and materials, including memory and substrates used in chip packaging; management said these supplies were constrained.
- Intel's foundry business depends on outside customers choosing its manufacturing services, while much of the segment's reported revenue comes from sales to Intel's own businesses.
- Intel's manufacturing plans also depend in part on government incentives and agreements; the quarterly filing describes government funding connected to Secure Enclave and investment tax credits.

### What could go wrong

- Competition and rapid technology changes could make Intel's processors, graphics products, or manufacturing services less attractive to customers; management said some parts of its processor roadmap still need to catch up with competitors.
- Building and operating advanced chip factories requires substantial long-term spending, and Intel may not achieve the manufacturing performance or outside-customer demand needed to justify that spending.
- Shortages or disruptions affecting wafers, memory, substrates, or other parts of the supply chain could limit how many finished products Intel can deliver.

## More on this company

- [Overview](https://inspectstocks.com/stocks/intc)
- [Financial statements](https://inspectstocks.com/stocks/intc/financials)
- [Competitors](https://inspectstocks.com/stocks/intc/peers)
- [Earnings](https://inspectstocks.com/stocks/intc/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.
