History of Intel in Timeline

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Intel

Intel Corporation, headquartered in Santa Clara, California, is a multinational technology company. It designs, manufactures, and sells computer components, notably central processing units (CPUs), for both business and consumer use. Intel is one of the world's largest semiconductor chip manufacturers by revenue and a long-standing member of the Fortune 500. It was also one of the original companies to be listed on the Nasdaq stock exchange.

July 18, 1968: Intel Founded

On July 18, 1968, Intel was founded by semiconductor pioneers Gordon Moore and Robert Noyce, along with investor Arthur Rock.

1968: Robert Noyce CEO

In 1968, Robert Noyce was Intel's CEO at its founding.

April 1969: First Intel logo introduced

In April 1969, Intel introduced its first logo, featuring the company's name stylized in all lowercase, with the letter "e" dropped below the other letters.

1969: First Products

In 1969, Intel's first products included the 3101 Schottky TTL bipolar 64-bit static random-access memory (SRAM), the 3301 Schottky bipolar 1024-bit read-only memory (ROM), and the first commercial metal–oxide–semiconductor field-effect transistor (MOSFET) silicon gate SRAM chip, the 256-bit 1101.

1970: Released 1103 DRAM

In 1970, Intel released the 1103, the first commercially available dynamic random-access memory (DRAM).

November 15, 1971: Introduction of the Intel 4004 microprocessor

On November 15, 1971, the Intel 4004, Intel's first microprocessor, was introduced to the mass market.

1971: Created Intel 4004 Microprocessor

In 1971, Intel created the first commercially available microprocessor, the Intel 4004.

1971: First Commercial Microprocessor

In 1971, Intel created the world's first commercial microprocessor chip, the Intel 4004.

1972: 1103 Bestselling Memory Chip

By 1972, Intel's 1103 DRAM chip was the bestselling semiconductor memory chip in the world, replacing core memory in many applications.

1972: Opened First International Manufacturing Facility

In 1972, Intel opened its first international manufacturing facility in Malaysia.

1973: Created First Microcomputer

In 1973, Intel created one of the first microcomputers.

1974: Founded Israeli branch of the company

In 1974, Dov Frohman founded the Israeli branch of the company in a small office in Haifa.

1975: Gordon Moore became CEO

In 1975, Gordon Moore became Intel's CEO.

1975: Project to develop a 32-bit microprocessor started

In 1975, Intel started a project to develop a highly advanced 32-bit microprocessor.

1976: Cross-licensing agreement with AMD

In 1976, Intel and AMD entered into full cross-licensing agreements, allowing each partner to use the other's patented technological innovations without charge after a certain time. The cross-licensing agreement is canceled in the event of an AMD bankruptcy or takeover.

1978: Intel embarks on Operation Crush

In 1978, Intel embarked on "Operation Crush", a major marketing and sales campaign for the 8086 (and its variant the 8088) processor.

1979: Andy Grove became president

In 1979, Andy Grove became the president of Intel.

1980: Supply base reduction

Since the mid-1980's, Intel has been addressing supply base reduction by adopting an "n + 1" rule of thumb to determine the maximum number of suppliers required to maintain production levels for each component.

1981: Introduction of the IBM PC

In 1981, IBM introduced its personal computer, which was rapidly successful.

1981: Release of the Intel iAPX 432

In 1981, Intel released the Intel iAPX 432, a highly advanced 32-bit microprocessor. The project was too ambitious and the processor failed in the marketplace.

1981: Memory Chips Business Until 1981

Until 1981, the majority of Intel's business was represented by static (SRAM) and dynamic random-access memory (DRAM) chips.

1982: Intel creates the 80286 microprocessor

In 1982, Intel created the 80286 microprocessor.

1983: Profitability Reduction

By 1983, increased competition from Japanese semiconductor manufacturers had dramatically reduced the profitability of Intel's DRAM chip market.

1983: Intel focuses on microprocessors

In 1983, Intel's president Andy Grove shifted the company's focus to microprocessors due to increased pressure from Japanese memory-chip manufacturers.

1984: Founding of the Intel Scientific Computers division

In 1984, Intel Scientific Computers division was founded to design and produce parallel computers based on Intel microprocessors.

1984: Semiconductor Chip Protection Act

In 1984, the Semiconductor Chip Protection Act was passed, a law sought by Intel and the Semiconductor Industry Association (SIA).

1985: Compaq produces a desktop system based on the 80286 processor

In 1985, Compaq produced a desktop system based on the faster 80286 processor.

1986: Compaq produces the first 80386-based system

In 1986, Compaq produced the first 80386-based system, beating IBM and setting up a competitive market for PC-compatible systems and setting up Intel as a key component supplier.

1987: Andy Grove became CEO

In 1987, Andy Grove added the CEO title when Moore became chairman.

1987: Intel among the top ten semiconductor sellers

In 1987, Intel was among the world's top ten sellers of semiconductors, ranking 10th.

1989: Intel introduces the 486 microprocessor

In 1989, Intel introduced the 486 microprocessor.

1989: Intel visited MicroAge to petition its computer suppliers

In 1989, Intel's Dennis Carter visited MicroAge's headquarters to encourage them to petition their computer suppliers to favor Intel chips amid increasing competition from cheaper microprocessors.

December 25, 1990: Japan campaign launched

On Christmas Day, December 25, 1990, Intel Japan launched its "Intel in it" campaign by hosting EKI-KON at the Tokyo railway station dome.

1990: Intel establishes a second design team

In 1990, Intel established a second design team, designing the processors code-named "P5" and "P6" in parallel and committing to a major new processor every two years.

1991: "Intel Inside" elevated to the worldwide branding campaign

In 1991, "The Computer Inside" incorporated the Japan idea to become "Intel Inside" which eventually elevated to the worldwide branding campaign.

1991: Antitrust Lawsuit

In 1991, Intel faced one antitrust lawsuit against it.

1991: Intel Inside Marketing Campaign Launch

In 1991, Intel launched its Intel Inside marketing campaign, associating brand loyalty with consumer selection.

1991: Intel Inside marketing and branding campaign

In 1991, Intel launched the "Intel Inside" marketing and branding campaign. This campaign was innovative, and established Intel as a household name.

1992: Intel became the biggest semiconductor chip maker

In 1992, Intel became the biggest semiconductor chip maker by revenue.

1992: Name change to the Intel Supercomputing Systems Division

In 1992, the Intel Scientific Computers division was renamed the Intel Supercomputing Systems Division.

1993: Bill Gaede attempts to sell designs

In 1993, Bill Gaede attempted to sell the i486 and P5 Pentium designs to AMD and foreign powers, leading to his arrest and conviction.

1993: Introduction of the Intel Pentium

In 1993, Intel introduced the P5 as the Intel Pentium, substituting a registered trademark name for the former part number.

1993: Intel Sued for Age Discrimination

In 1993, Intel was sued by nine former employees, over allegations that they were laid off because they were over the age of 40, raising concerns about age discrimination.

1993: Santa Clara team embarks on a successor to the x86 architecture

In 1993, the Santa Clara design team embarked on a successor to the x86 architecture, codenamed "P7".

June 1994: Floating-point flaw discovered in P5 Pentium microprocessor

In June 1994, Intel engineers discovered a flaw in the floating-point math subsection of the P5 Pentium microprocessor, leading to incorrect results under certain conditions.

October 1994: Public awareness of the Pentium FDIV bug

In October 1994, Thomas Nicely, a professor at Lynchburg College, independently discovered the Pentium FDIV bug and posted about it online, leading to widespread awareness and press coverage. Intel initially downplayed the issue.

1994: Andy Bryant became CFO

In 1994, Andy Bryant held the post of CFO at Intel.

1994: Five-note jingle introduced

In 1994, Intel introduced the five-note jingle for the "Intel Inside" campaign.

1994: Sanctioned LGBT employee groups

In 1994, Intel sanctioned one of the earliest corporate Gay, Lesbian, Bisexual, and Transgender employee groups.

1994: Launch of the Pentium and Intel Spiral jingle

In 1994, the "Intel Spiral" or "Intel Bong" jingle was created by Musikvergnuegen and written by Walter Werzowa to coincide with the launch of the Pentium processor.

1994: Intel Spiral creation

In 1994, the Intel Spiral sound was created.

1995: Introduction of the Pentium Pro

In 1995, Intel introduced the P6 as the Pentium Pro.

1995: Ken Hamidi Fired from Intel

In 1995, Ken Hamidi was fired from Intel at the age of 47, later founding FACE Intel, a group alleging age discrimination in Intel's employment practices.

1995: Industrial espionage case involving Intel and AMD

In 1995, an industrial espionage case arose involving Bill Gaede, who attempted to sell Intel's i486 and P5 Pentium designs to AMD and foreign powers.

June 1996: Sentencing of Bill Gaede in industrial espionage case

In June 1996, Bill Gaede was sentenced to 33 months in prison for attempting to sell Intel's i486 and P5 Pentium designs to AMD and foreign powers.

May 1997: Appearance of the Pentium II

In May 1997, Intel released the Pentium II processor.

1997: Suit by Digital Equipment Corporation (DEC)

In 1997, Intel faced a suit by Digital Equipment Corporation (DEC) regarding potential antitrust violations due to its dominance in the x86 microprocessor market.

1997: Introduction of the Pentium II

In 1997, Intel improved the P6 into the Pentium II.

1998: Craig Barrett became CEO

In 1998, Craig Barrett took over as Intel's CEO while Grove succeeded Moore as chairman.

February 1999: Appearance of the Pentium III

In February 1999, Intel released the Pentium III processor.

1999: FTC investigations into antitrust violations

In 1999, Intel faced FTC investigations regarding potential antitrust violations due to its dominance in the x86 microprocessor market.

1999: Hamidi Blocked From Using Intel's Email System

In 1999, a court decision blocked Ken Hamidi from using Intel's email system to distribute criticism of the company to employees.

1999: Modification of the Intel Spiral jingle

In 1999, the Intel jingle was modified to coincide with the launch of the Pentium III processor.

1999: Jingle Overlap

In 1999, the modified jingle overlapped with the 1994 version.

1999: Intel's participation in open source communities since 1999

Intel has had a significant participation in the open source communities since 1999.

2000: Slowed Growth in Microprocessors

After 2000, growth in demand for high-end microprocessors slowed for Intel.

2000: Microprocessor performance outstripping software demand

By the end of the 1990s, microprocessor performance had outstripped software demand for that CPU power, especially after 2000 for consumer systems.

2000: Release of the Pentium 4

In the fall of 2000, Intel released the Pentium 4 processor.

June 2001: Introduction of the Itanium

In June 2001, Intel introduced the Itanium, an implementation of the IA-64 64-bit architecture.

2002: Dell-Intel Rebate Agreement

From 2002, Dell had an agreement with Intel to receive rebates in exchange for not using chips manufactured by AMD.

2002: 100% rating on the Corporate Equality Index

Intel received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign in 2002.

2003: Rebates contribution to Dell's operating income

From 2003, exclusivity payments grew from 10% of Dell's operating income in 2003.

2003: Accusations of Excess VOC Releases in Rio Rancho

In 2003, some residents of Rio Rancho, New Mexico, accused Intel of releasing volatile organic compounds (VOCs) in excess of their pollution permit. One resident claimed a release of 1.4 tons of carbon tetrachloride was measured from one acid scrubber during the fourth quarter.

2003: Court Overturns Email Restriction on Hamidi

In 2003, the court decision in Intel Corp. v. Hamidi overturned the previous ruling, allowing Hamidi to use Intel's email system to distribute criticism of the company.

2003: Accusations of Preferential Pricing Against Intel

Since 2003, Intel has been accused of giving preferential prices to computer makers buying most or all of their chips from Intel, paying computer makers to delay or cancel the launch of products using AMD chips.

2004: AMD Claims Against Intel

In 2004, AMD brought claims against Intel related to unfair competition.

2004: Neo Sans Intel font design

In 2004, Neo Sans Intel was designed by Sebastian Lester.

2004: Second Remake of the Intel Spiral jingle

In 2004, the Intel jingle was remade a second time to coincide with the new logo change.

2004: Phase out of the original Intel Spiral jingle

In 2004, the original 1994 version of the Intel Spiral jingle was phased out.

June 6, 2005: Apple to Use Intel's x86 Processors

On June 6, 2005, Apple announced that it would be using Intel's x86 processors for its Macintosh computers, switching from the PowerPC architecture.

September 2005: Intel Responds to AMD Lawsuit

In September 2005, Intel filed a response to an AMD lawsuit, disputing AMD's claims and asserting the fairness of Intel's business practices.

2005: AMD Claims Against Intel

In 2005, AMD brought further claims against Intel related to unfair competition.

2005: Andy Grove retired

In 2005, Andy Grove retired as chairman and as a member of the board of directors at age 68.

2005: Criticism for not granting free redistribution rights for firmware

In 2005, after the release of Intel Pro/Wireless products, Intel faced criticism for not granting free redistribution rights for the firmware required for the wireless devices to operate, leading to campaigns for Intel to allow free operating systems to include binary firmware under acceptable terms.

2005: Intel Violated Japanese Antimonopoly Act

In 2005, the local Fair Trade Commission found that Intel violated the Japanese Antimonopoly Act and ordered Intel to eliminate discounts that discriminated against AMD.

2005: Paul Otellini became CEO

On May 18, 2005, Paul Otellini was elected as president and CEO, and Barrett replaced Grove as Chairman of the Board.

January 3, 2006: Second Intel logo introduced

On January 3, 2006, Intel introduced its second logo, inspired by the "Intel Inside" campaign, featuring a swirl around the brand name.

January 10, 2006: First Mac computers containing Intel CPUs announced

On January 10, 2006, Apple announced the first Mac computers containing Intel CPUs, marking a transition from PowerPC architecture.

January 2006: Intel to Drop Pentium Name

In January 2006, Intel announced that they were dropping the long running Pentium name from their processors.

February 2006: Investigation of Intel's South Korean offices

In February 2006, officials raided Intel's South Korean offices.

June 27, 2006: Sale of Intel's XScale Assets

On June 27, 2006, Intel announced the sale of its XScale processor business to Marvell Technology Group for an estimated $600 million.

July 2006: Allegations of VOC Releases from Rio Rancho Site

In July 2006, a resident claimed that Intel's own reports documented more than 1,580 pounds (720 kg) of VOCs released in June and July from their Rio Rancho site during a sub-committee meeting of the New Mexico Environment Improvement Board.

July 27, 2006: Release of the Core 2 family

On July 27, 2006, Intel released the Core 2 family, based on the Intel Core microarchitecture, emphasizing power efficiency and lower clock speeds.

August 2006: Consumer Macs running on Intel processors

By early August 2006, Apple had its entire line of consumer Macs running on Intel processors.

October 2006: Transmeta Files Lawsuit Against Intel

In October 2006, Transmeta filed a lawsuit against Intel for patent infringement on computer architecture and power efficiency technologies.

November 9, 2006: Acquisition Completion of XScale Assets

On November 9, 2006, the acquisition of Intel's XScale processor business by Marvell Technology Group was completed.

November 2006: Apple Xserve server updated to Intel Xeon processors

In November 2006, Apple updated the Apple Xserve server to Intel Xeon processors, offered in a configuration similar to Apple's Mac Pro.

2006: Dell Adopts AMD as Secondary Supplier

In 2006, Dell eventually adopted AMD as a secondary supplier, and Intel subsequently stopped their rebates, causing Dell's financial performance to fall.

2006: Expansion of open specification platforms

In 2006, Intel expanded its promotion of open specification platforms beyond Centrino, to include the Viiv media center PC and the business desktop Intel vPro.

Intel Centrino Advanced-N 6235 6235ANHMW Wlan Bluetooth 4.0 Half MINI Card 802.11 a/b/g/n Dual-band 300 Mbps
Intel Centrino Advanced-N 6235 6235ANHMW Wlan Bluetooth 4.0 Half MINI Card 802.11 a/b/g/n Dual-band 300 Mbps

2006: Intel released MIT-licensed X.org drivers

In 2006, Intel released MIT-licensed X.org drivers for their integrated graphic cards of the i965 family of chipsets.

2006: Introduction of Neo Sans Intel font

In 2006, Neo Sans Intel, a customized version of Neo Sans, was introduced alongside Intel's rebranding.

2006: Mainstreaming of the remade Intel Spiral jingle

In 2006, the second remake of the Intel Spiral jingle was mainstreamed with the launch of the Core processors.

2006: Retention of the Mainstream Jingle

Since 2006, the mainstream jingle version has been retained.

July 2007: European Commission Accuses Intel of Anti-Competitive Practices

In July 2007, the European Commission accused Intel of anti-competitive practices, mostly against AMD.

September 2007: South Korean Regulators Accuse Intel of Antitrust Law Breaking

In September 2007, South Korean regulators accused Intel of breaking antitrust law.

October 2007: Settlement of Transmeta Lawsuit

In October 2007, Intel settled the lawsuit with Transmeta, agreeing to pay US$150 million initially and US$20 million per year for the next five years, with both companies dropping lawsuits against each other.

2007: Rebates contribution to Dell's operating income

From 2007, exclusivity payments peaked at 76% in the first quarter of FY 2007.

2007: Andy Bryant became Chief Administrative Officer

In 2007, Andy Bryant held the post of Chief Administrative Officer at Intel.

2007: Intel evades payment of property taxes

In 2007, Intel was evading payment of property taxes between 2007 and 2008, to the tune of ₹340 million (US$4.0 million)

2007: Ranked in Fortune 500

In 2007, Intel was ranked in the Fortune 500 list of the largest United States corporations by revenue.

2007: Maxine Fesberg CEO of Intel Israel

Maxine Fesberg has been the CEO of Intel Israel since 2007 and the Vice President of Intel Global.

January 2008: New York Investigation of Intel

In January 2008, New York started an investigation of Intel on whether the company violated antitrust laws in pricing and sales of its microprocessors.

February 2008: EU Regulators Raid Intel's Munich Office

In February 2008, European Union regulators raided Intel's office in Munich as part of an investigation into anti-competitive practices. Intel reported cooperating with the investigators.

June 2008: EU Files New Charges Against Intel

In June 2008, the European Union filed new charges against Intel regarding anti-competitive practices.

June 2008: Intel Fined by South Korean Fair Trade Commission

In June 2008, the Fair Trade Commission ordered Intel to pay a fine of US$25.5 million for taking advantage of its dominant position to offer incentives to major Korean PC manufacturers on the condition of not buying products from AMD.

June 2008: FTC Begins Antitrust Investigation of Intel

In June 2008, the Federal Trade Commission also began an antitrust investigation of the case.

November 2008: Release of 1st-generation Core processors

In November 2008, Intel released the 1st-generation Core processors based on the Nehalem microarchitecture. Intel also introduced a new naming scheme, with variants named Core i3, i5, and i7.

Intel Core i5 Core 12400F Desktop Processor 18M Cache, up to 4.40 GHz
Intel Core i5 Core 12400F Desktop Processor 18M Cache, up to 4.40 GHz

2008: Shipping of mainstream solid-state drives (SSDs)

In 2008, Intel began shipping mainstream solid-state drives (SSDs) with up to 160 GB storage capacities.

2008: Introduced Penryn Microarchitecture

In 2008, Intel introduced the Penryn microarchitecture, fabricated using the 45 nm process node, and released a processor with the Nehalem architecture to positive reception.

2008: Intel planned to shift the emphasis of its Intel Inside campaign

In 2008, Intel planned to shift the emphasis of its Intel Inside campaign from traditional media to newer media.

2008: Intel evades payment of property taxes

In 2008, Intel was evading payment of property taxes between 2007 and 2008, to the tune of ₹340 million (US$4.0 million)

2008: Court Date Set for AMD Lawsuit

In 2008, a court date was set for the lawsuit between Intel and AMD.

April 23, 2009: Intel handed the Moblin project over to the Linux Foundation

On April 23, 2009, Intel handed the Moblin project over to the Linux Foundation.

May 2009: Jane Shaw succeeded Barrett as chairman

In May 2009, Barrett stepped down as chairman of the board and was succeeded by Jane Shaw.

May 2009: EU Fines Intel for Anti-Competitive Practices

In May 2009, the EU found Intel guilty of anti-competitive practices and fined the company €1.06 billion (US$1.44 billion), a record amount. Intel was found to have paid companies to exclusively use Intel chips, harming competitors like AMD.

November 4, 2009: New York Attorney General Files Antitrust Lawsuit

On November 4, 2009, New York's attorney general filed an antitrust lawsuit against Intel Corp, claiming the company used "illegal threats and collusion" to dominate the market for computer microprocessors.

November 12, 2009: AMD Drops Antitrust Lawsuit Against Intel

On November 12, 2009, AMD agreed to drop the antitrust lawsuit against Intel in exchange for $1.25 billion.

November 2009: New York Attorney General Sues Intel

In November 2009, New York Attorney General Andrew Cuomo sued Intel, accusing them of bribery and coercion related to computer microprocessors.

December 2009: FTC Announces Administrative Proceeding Against Intel

In December 2009, the FTC announced it would initiate an administrative proceeding against Intel in September 2010.

2009: Intel's Good-Better-Best Strategy

By 2009, Intel was using a good–better–best strategy with Celeron being good, Pentium better, and the Intel Core family representing the best the company has to offer.

2009: Settlement with AMD and antitrust judgments

In 2009, Intel agreed to pay AMD $1.25 billion and grant them a perpetual patent cross-license, following several anti-trust judgements in Europe, Korea, and Japan.

2009: Intel Announces Effort to Remove Conflict Resources from Supply Chain

In 2009, Intel announced its plan to remove conflict resources from its supply chain, focusing on materials sourced from mines whose profits fund armed militant groups, particularly within the Democratic Republic of the Congo.

2009: Economic impacts attributed to Intel's operations in Oregon

In 2009, the total economic impacts attributed to Intel's operations, capital spending, contributions and taxes amounted to almost $14.6 billion in activity, including $4.3 billion in personal income and 59,990 jobs, according to a 2011 ECONorthwest report.

2009: Intel's Mainstream Processor Naming Scheme

Since late 2009, Intel's mainstream processors have been called Celeron, Pentium, Core i3, Core i5, Core i7, and Core i9 in order of performance from lowest to highest.

Intel Core i5 Core 12400F Desktop Processor 18M Cache, up to 4.40 GHz
Intel Core i5 Core 12400F Desktop Processor 18M Cache, up to 4.40 GHz

July 22, 2010: Dell Settles with SEC for $100 Million

On July 22, 2010, Dell agreed to a settlement with the U.S. Securities and Exchange Commission (SEC) to pay $100 million in penalties resulting from charges that Dell did not accurately disclose accounting information to investors.

August 2010: Intel to acquire Infineon's Wireless Solutions business

In August 2010, Intel and Infineon Technologies announced Intel would acquire Infineon's Wireless Solutions business to integrate its wireless modem into Intel's silicon chips for use in laptops, smart phones, netbooks, tablets, and embedded computers.

September 2010: FTC initiates administrative proceeding against Intel

In September 2010, FTC initiated an administrative proceeding against Intel.

2010: Intel purchased McAfee

In 2010, Intel purchased McAfee, a computer security technology manufacturer, for $7.68 billion.

2010: Westmere microarchitecture release

In 2010, the Westmere microarchitecture succeeded Nehalem, featuring a die shrink to 32 nm and included Intel HD Graphics.

2010: Centrino Limited to WiMAX and Wi-Fi Technologies

Since 2010, the "Centrino" brand is only being applied to Intel's WiMAX and Wi-Fi technologies.

Intel Centrino Advanced-N 6235 6235ANHMW Wlan Bluetooth 4.0 Half MINI Card 802.11 a/b/g/n Dual-band 300 Mbps
Intel Centrino Advanced-N 6235 6235ANHMW Wlan Bluetooth 4.0 Half MINI Card 802.11 a/b/g/n Dual-band 300 Mbps

2010: Intel allocated 6% of the gross margin to all advertising with Intel Inside being part of that.

The Intel 2010 annual financial report indicated that $1.8 billion (6% of the gross margin and nearly 16% of the total net income) was allocated to all advertising with Intel Inside being part of that.

February 2011: Began Building New Manufacturing Facility

In February 2011, Intel began building a new microprocessor manufacturing facility in Chandler, Arizona.

March 2011: Intel bought most of the assets of SySDSoft

In March 2011, Intel bought most of the assets of Cairo-based SySDSoft.

April 2011: Pilot Project with ZTE Corporation

In April 2011, Intel began a pilot project with ZTE Corporation to produce smartphones using the Intel Atom processor for China's domestic market.

July 2011: Intel agreed to acquire Fulcrum Microsystems Inc.

In July 2011, Intel announced its agreement to acquire Fulcrum Microsystems Inc., a company specializing in network switches.

October 2011: Intel reached a deal to acquire Telmap

In October 2011, Intel reached a deal to acquire Telmap, an Israeli-based navigation software company, for around $300 million to $350 million.

October 2011: Sale of Core i7-2700K Sandy Bridge chip

In October 2011, Intel started to sell its Core i7-2700K "Sandy Bridge" chip to customers worldwide.

December 2011: Reorganized Business Units

In December 2011, Intel announced that it reorganized several of its business units into a new mobile and communications group responsible for the company's smartphone, tablet, and wireless efforts.

2011: Rumors of Apple switching from Intel processors to their own designs

As early as 2011, rumors began circulating that Apple might switch from Intel processors to their own designs.

2011: Prototype ultrabooks using Intel's Ivy Bridge chips were showcased at the Intel Developers Forum

At the Intel Developers Forum in 2011, four Taiwan ODMs showed prototype ultrabooks that used Intel's Ivy Bridge chips.

2011: Economic impact analysis of Intel's contribution to Oregon

In 2011, ECONorthwest conducted an economic impact analysis of Intel's economic contribution to the state of Oregon.

2011: Intel Capital announced fund to support startups working on technologies for next-generation notebooks

In 2011, Intel Capital announced a new $300 million fund to support startups working on technologies in line with the company's concept for next-generation notebooks known as ultrabooks.

2011: Market share decrease

In 2011, Intel had the biggest market share in the worldwide PC microprocessor market (73.3%) and the mobile PC microprocessor market (80.4%) in the second quarter, but the numbers decreased by 1.5% and 1.9% compared to the first quarter of 2011, according to IDC.

2011: Release of Sandy Bridge-based 2nd-generation Core processor family

In 2011, Intel released the Sandy Bridge-based 2nd-generation Core processor family, featuring an 11% performance increase over Nehalem.

2011: Partnership with Google Announced

In 2011, Intel's partnership with Google was announced at the Intel Developers Forum (IDF) in San Francisco.

2011: SpectraWatt Filed for Bankruptcy

In 2011, SpectraWatt, a solar startup spun off from Intel in 2008, filed for bankruptcy.

2011: Israeli government offered Intel money to expand

In 2011, the Israeli government offered Intel $290 million to expand in the country, conditional on Intel employing 1,500 more workers in Kiryat Gat and between 600 and 1000 workers in the north.

January 2012: Android 2.3 Supports Intel's Atom Microprocessor

In January 2012, Google announced Android 2.3, supporting Intel's Atom microprocessor.

May 2012: Andy Bryant became executive chairman

In May 2012, Andy Bryant succeeded Shaw as executive chairman.

July 2012: Intel agreed to buy shares of ASML Holding NV

In July 2012, Intel agreed to buy 10% of the shares of ASML Holding NV for $2.1 billion and another $1 billion for 5% of the shares.

November 2012: Paul Otellini announced stepping down

In November 2012, Paul Otellini announced that he would step down as president and CEO in May 2013.

2012: Medfield Processor Introduction Planned

In 2012, Intel planned to introduce Medfield, a processor for tablets and smartphones, to compete with Arm.

2012: Intel Rated Best in Conflict Mineral Progress

In 2012, the Enough Project rated Intel the best of 24 companies in its rankings on the progress of consumer electronics companies relating to conflict minerals, calling it a "Pioneer of progress".

2012: Introduction of Ivy Bridge-based 3rd-generation Core

In 2012, the Ivy Bridge-based 3rd-generation Core was introduced at the Intel Developer Forum. Ivy Bridge featured a die shrink to 22 nm, and supported both DDR3 memory and DDR3L chips.

May 2, 2013: Brian Krzanich was elected as Intel's sixth CEO

On May 2, 2013, Brian Krzanich was elected as Intel's sixth CEO.

May 2013: Intel's board of directors composition

As of May 2013, Intel's board of directors consisted of Andy Bryant, John Donahoe, Frank Yeary, Ambassador Charlene Barshefsky, Susan Decker, Reed Hundt, Paul Otellini, James Plummer, David Pottruck, David Yoffie and Creative director will.i.am.

May 2013: Paul Otellini stepped down as CEO

Paul Otellini stepped down as CEO of Intel in May 2013.

May 16, 2013: Brian Krzanich became Intel's CEO

On May 16, 2013, Brian Krzanich officially became Intel's CEO at the company's annual meeting.

July 2013: Five companies using Intel's fabs

As of July 2013, Intel's Custom Foundry division had five companies using its fabs: Achronix, Tabula, Netronome, Microsemi, and Panasonic. Achronix was the only one shipping chips made by Intel using the 22 nm Tri-Gate process.

July 2013: Intel confirmed the acquisition of Omek Interactive

In July 2013, Intel confirmed the acquisition of Omek Interactive, an Israeli company specializing in gesture-based interfaces, to enhance its perceptual computing experiences.

September 2013: Intel acquired Indisys

In September 2013, Intel announced the acquisition of Indisys, a Spanish natural language recognition startup, whose artificial intelligence technology converses fluently in multiple languages across different platforms.

October 2013: Launched Alliance for Affordable Internet (A4AI)

In October 2013, the Alliance for Affordable Internet (A4AI) was launched, and Intel became part of the coalition of public and private organizations.

2013: Intel Sponsors FC Barcelona

In 2013, Intel became a sponsor of FC Barcelona.

2013: Completed New Manufacturing Facility

In 2013, Intel completed the new microprocessor manufacturing facility in Chandler, Arizona, at a cost of $5 billion. The building is now the 10 nm-certified Fab 42 and is connected to the other Fabs (12, 22, 32) on Ocotillo Campus via an enclosed bridge known as the Link.

2013: Supports All Tier-One Operating Systems

In 2013, Intel's Kirk Skaugen stated that Intel would now support all "tier-one operating systems" such as Linux, Android, iOS, and Chrome.

2013: Intel reaches foundry agreement to produce chips for Altera

In 2013, Intel, facing excess fab capacity and declining PC sales, reached a foundry agreement to produce chips for Altera using a 14 nm process. This decision followed poor sales of Windows 8 hardware which impacted semiconductor manufacturers except Qualcomm.

2013: Employees in Israel

Intel employed about 10,000 employees in Israel in 2013.

2013: New Ivy Bridge processors with lower power consumption planned for ultrabooks

Intel planned to improve power consumption of its chips for ultrabooks, like new Ivy Bridge processors in 2013, which will only have 10W default thermal design power.

January 2014: Intel planned to cut about 5,000 jobs

In January 2014, it was reported that Intel would cut about 5,000 jobs from its workforce of 107,000. The announcement was made a day after it reported earnings that missed analyst targets.

March 2014: Intel planned expansion in Israel

In March 2014, it was reported that Intel would embark upon a $6 billion plan to expand its activities in Israel.

June 2014: General Court Rejects Intel's Appeal

In June 2014, the General Court, sitting below the European Court of Justice, rejected Intel's appeal against the EU's fine for anti-competitive practices.

November 2014: Intel Designs Paddington Bear Statue

In November 2014, Intel designed a Paddington Bear statue—themed "Little Bear Blue"—one of fifty statues created by various celebrities and companies which were located around London.

November 2014: Planning for use of optical fibers in supercomputers

In November 2014, Intel stated that it was planning to use optical fibers to improve networking within supercomputers.

December 2014: Intel bought PasswordBox

In December 2014, Intel bought PasswordBox.

2014: Intel Announces Conflict-Free Microprocessors

During a keynote address at Consumer Electronics Show 2014, Intel CEO Brian Krzanich announced that the company's microprocessors would henceforth be conflict free.

2014: Announcement of Intel Clear Font

In 2014, Intel announced Intel Clear, a global font designed for use across all communications and initially available in Latin, Greek and Cyrillic scripts.

2014: Employee Cuts

In 2014, Intel cut thousands of employees in response to "evolving market trends" and offered subsidies for using Intel chips in tablets.

2014: CEO Urges Industry to Shun Conflict Minerals

In 2014, chief executive Brian Krzanich urged the rest of the industry to follow Intel's lead by also shunning conflict minerals.

January 2015: Investment to enhance diversity

In January 2015, Intel announced the investment of $300 million over the next five years to enhance gender and racial diversity in their own company as well as the technology industry as a whole.

January 2015: Intel purchased a stake in Vuzix

In January 2015, Intel purchased a 30% stake in Vuzix, a smart glasses manufacturer, for $24.8 million.

February 2015: Intel announced its agreement to purchase Lantiq

In February 2015, Intel announced its agreement to purchase German network chipmaker Lantiq, to expand its range of chips in devices with Internet connection capability.

June 2015: Intel announced its agreement to purchase Altera

In June 2015, Intel announced its agreement to purchase FPGA design company Altera for $16.7 billion, marking its largest acquisition to date.

October 2015: Intel bought Saffron Technology

In October 2015, Intel bought cognitive computing company Saffron Technology for an undisclosed price.

November 19, 2015: Founding of the OpenFog Consortium

On November 19, 2015, Intel, alongside Arm, Dell, Cisco Systems, Microsoft, and Princeton University, founded the OpenFog Consortium to promote interests and development in fog computing.

December 2015: Intel completed acquisition of Altera

In December 2015, Intel completed the acquisition of Altera.

2015: Global Diversity & Inclusion Annual Report

Intel's Global Diversity & Inclusion 2015 Annual Report was released in February 2016. The report showed the male-female mix of US employees was 75.2% men and 24.8% women. For US employees in technical roles, the mix was reported as 79.8% male and 20.1% female.

February 2016: Global Diversity & Inclusion 2015 Annual Report

In February 2016, Intel released its Global Diversity & Inclusion 2015 Annual Report.

April 2016: Cancelled SoFIA Platform and Broxton Atom SoC

In April 2016, Intel cancelled the SoFIA platform and the Broxton Atom SoC for smartphones, effectively leaving the smartphone market.

August 2016: Indian Officials Park Garbage Trucks on Intel's Campus Over Tax Evasion

In August 2016, Indian officials of the Bruhat Bengaluru Mahanagara Palike (BBMP) parked garbage trucks on Intel's campus, threatening to dump them because Intel evaded payment of property taxes.

August 2016: Intel purchased deep-learning startup Nervana Systems

In August 2016, Intel purchased deep-learning startup Nervana Systems for over $400 million.

September 2016: Intel sold stake in computer-security unit to TPG Capital

In September 2016, Intel reversed its five-year-old McAfee acquisition by selling a majority stake in its computer-security unit to TPG Capital.

December 2016: Intel acquired Movidius

In December 2016, Intel acquired computer vision startup Movidius for an undisclosed price.

December 2016: Fesberg announced her resignation

In December 2016, Maxine Fesberg announced her resignation as CEO of Intel Israel.

2016: Job cuts due to declining PC sales

Due to declining PC sales, Intel cut 12,000 jobs in 2016.

2016: Tick-tock model deprecated

In 2016, Intel deprecated its tick-tock model of processor development with the release of the 7th-generation Core family (Kaby Lake), introducing the process–architecture–optimization model.

2016: End of the tick-tock model

In 2016, Intel deprecated the tick-tock model with the release of the 7th-generation Core family based on Kaby Lake, ushering in the process–architecture–optimization model.

2016: Intel originally plans to introduce 10 nm products

In 2016, Intel originally planned to introduce 10 nm products but later faced manufacturing issues with the node.

2016: Intel Aims for Entirely Conflict-Free Supply Chain

In 2016, Intel stated that it expected its entire supply chain to be conflict-free by the end of the year.

2016: Ranked in Fortune 500

In 2016, Intel was still ranked in the Fortune 500 list of the largest United States corporations by revenue.

January 2017: Yaniv Gerti filled the CEO position

Since January 2017, Yaniv Gerti filled the CEO position of Intel Israel.

March 2017: Intel agreed to purchase Mobileye

In March 2017, Intel announced that they had agreed to purchase Mobileye, an Israeli developer of "autonomous driving" systems for US$15.3 billion.

June 2017: Intel Corporation announced an investment of over ₹1,100 crore for its upcoming R&D centre in Bangalore, India

In June 2017, Intel Corporation announced an investment of over ₹1,100 crore (US$130 million) for its upcoming Research and Development (R&D) centre in Bangalore, India.

2017: Intel announces the end of Itanium chips production

In 2017, Intel announced that the Itanium 9700 series (Kittson) would be the last Itanium chips produced.

2017: Intel Sponsors the Olympic Games

In 2017, Intel became a sponsor of the Olympic Games, lasting from the 2018 Winter Olympics to the 2024 Summer Olympics.

2017: Delay of mass production of 10 nm products

In 2017, Intel delayed the mass production of their 10 nm products.

2017: Introduction of SSDs based on 3D XPoint technology

In 2017, Intel introduced SSDs based on 3D XPoint technology under the Optane brand name.

2017: Copyright claim to the 1994 Intel Spiral sound recording

In 2017, the United States Copyright Office registered a copyright claim to the 1994 sound recording of the "Intel Spiral". However, registration was refused for the underlying musical composition.

2017: Joining the self-driving car industry

In mid-2017, Intel joined the self-driving car industry after joining forces with Mobileye and began researching consumer acceptance.

January 2018: Meltdown and Spectre security flaws reported

In January 2018, it was reported that all Intel processors made since 1995 (besides Intel Itanium and pre-2013 Intel Atom) had been subject to two security flaws dubbed Meltdown and Spectre.

June 21, 2018: Brian Krzanich resigned as CEO

On June 21, 2018, Brian Krzanich resigned as Intel's CEO due to a relationship with an employee. Bob Swan was named interim CEO.

2018: Delay of mass production of 10 nm products

In 2018, Intel further delayed mass production of their 10 nm products.

2018: Intel Sponsors Winter Olympics

In 2018, Intel sponsored the Winter Olympics.

2018: Removed from Fortune 500

In 2018, Intel was removed from the Fortune 500 ranking, after being a constant presence on the list since 2007.

2018: Limited release of Cannon Lake

In 2018, Intel's first microarchitecture under the 10 nm node, Cannon Lake (marketed as 8th-generation Core), was only released in small quantities.

2018: Foundry business closed

In 2018, Intel's foundry business was closed due to issues with its manufacturing.

2018: Samsung Electronics surpassed Intel as chip maker

In 2018, Samsung Electronics surpassed Intel as the biggest semiconductor chip maker by revenue.

January 2019: Intel announced investment on new chip plant

In January 2019, Intel announced an investment of over $11 billion on a new Israeli chip plant.

January 31, 2019: Bob Swan named as the seventh CEO

On January 31, 2019, Bob Swan transitioned from his role as CFO and interim CEO and was named by the Board as the seventh CEO to lead the company.

September 2019: Introduction of 10th-generation Intel Core mobile processors

In September 2019, Intel introduced mass-produced 10 nm 10th-generation Intel Core mobile processors (codenamed "Ice Lake").

2019: Market share decrease and product delays

As of 2019, Intel's market share significantly decreased in the enthusiast market, and the company faced delays for their 10 nm products due to an overly aggressive strategy for moving to the next node, according to former Intel CEO Bob Swan.

2019: Release of Agilex FPGAs

In 2019, Intel released Agilex FPGAs: chips aimed at data centers, 5G applications, and other uses.

2019: Release of the 10th-generation of Core processors

In 2019, Intel released the 10th-generation of Core processors, codenamed "Amber Lake", "Comet Lake", and "Ice Lake".

January 2020: Employees in Arizona

As of January 2020, Intel has 12,000 employees in Arizona.

June 22, 2020: Apple announces transition to Arm-based processors

On June 22, 2020, Tim Cook, Apple's CEO, announced that Apple would be transitioning the company's entire Mac line from Intel CPUs to custom Apple-designed processors based on the Arm architecture over the next two years.

September 2, 2020: Third Intel logo introduced

On September 2, 2020, Intel introduced its third logo which was inspired by the previous logos, it removes the swirl and redesign the style of the letters to form a refined symmetry, balance, and proportion.

September 2020: Launch of 11th-generation Core mobile processors

In September 2020, Intel launched 11th-generation Core mobile processors, codenamed Tiger Lake, based on the Willow Cove microarchitecture and a refined 10 nm node.

November 2020: Apple unveils the M1 processor

By November 2020, Apple unveiled the M1, its custom-designed processor for the Mac.

2020: Intel continues to use Skylake microarchitecture

Due to struggles shrinking the process node from 14 nm to 10 nm, in 2020, Intel continued to use the Skylake microarchitecture, albeit with optimizations.

2020: Apple transitions to Apple silicon

In 2020, Apple began transitioning away from x86 architecture and Intel processors to their own Apple silicon for Macintosh computers.

2020: Design of Intel One Typeface

In 2020, Intel One, a new typeface, was designed as part of a new visual identity. It replaced Intel Clear as the font used by the company in most of its branding, however, it is used alongside Intel Clear typeface.

2020: Reinstated and Ranked 45th in Fortune 500

In 2020, Intel was reinstated in the Fortune 500 list, and ranked 45th, being the 7th-largest technology company in the ranking.

2020: Debut of new Intel jingle variant

In 2020, with Intel's rebranding, a new remake of the jingle debuted with the company's new visual identity.

December 31, 2020: Intel reported total CO2e emissions

On December 31, 2020, Intel reported total CO2e emissions (direct + indirect) for the twelve months ending at 2,882 Kt (+94/+3.4% y-o-y).

January 13, 2021: Pat Gelsinger replaced Swan as CEO

On January 13, 2021, Intel announced that Bob Swan would be replaced as CEO by Pat Gelsinger, effective February 15. Gelsinger is a former Intel chief technology officer who had previously been head of VMWare.

March 2021: Intel removed the mandatory retirement age

In March 2021, Intel removed the mandatory retirement age for its corporate officers.

March 2021: Mandatory retirement policy

Prior to March 2021, Intel had a mandatory retirement policy for its CEOs when they reached age 65.

March 23, 2021: Pat Gelsinger lays out new plans for Intel

On March 23, 2021, Intel CEO Pat Gelsinger announced new plans including IDM 2.0, investments in manufacturing, use of internal and external foundries, and a new foundry business called Intel Foundry Services (IFS).

March 30, 2021: Release of 11th-generation Core desktop processors

On March 30, 2021, Intel released 11th-generation Core desktop processors (codenamed "Rocket Lake"), fabricated using Intel's 14 nm process and based on the Cypress Cove microarchitecture.

November 2021: Intel recruited some of the employees of the Centaur Technology division from VIA Technologies

In November 2021, Intel recruited some of the employees of the Centaur Technology division from VIA Technologies, a deal worth $125 million, and effectively acquiring the talent and know-how of their x86 division.

December 2021: Intel to invest to build a new chip-packaging and testing factory in Malaysia

In December 2021, Intel said it will invest $7.1 billion to build a new chip-packaging and testing factory in Malaysia.

2021: Start of Gelsinger's tenure and significant decline in stock value

During Pat Gelsinger's tenure since 2021, Intel faced mounting challenges, including a $16.6 billion loss and a 60% drop in share prices.

2021: Continued optimizations on the Skylake microarchitecture

From 2016 until 2021, Intel continued releasing more optimizations on the Skylake microarchitecture with Kaby Lake R, Amber Lake, Whiskey Lake, Coffee Lake, Coffee Lake R, and Comet Lake.

2021: Intel reversed course and started hiring

In 2021, Intel reversed course under new CEO Pat Gelsinger and started hiring thousands of engineers.

2021: SK Hynix acquisition of Intel's NAND memory business

In 2021, SK Hynix acquired most of Intel's NAND memory business for $7 billion, with a remaining transaction worth $2 billion expected in 2025. Intel also discontinued its consumer Optane products in 2021.

2021: Release of 12th-generation Intel Core processors

In late 2021, Intel released 12th-generation Intel Core processors (codenamed "Alder Lake"), fabricated using Intel's 10 nm process, called Intel 7, and based on a hybrid architecture.

January 2022: Intel selects New Albany, Ohio for a new manufacturing facility

In January 2022, Intel selected New Albany, Ohio, as the site for a major new manufacturing facility, costing at least $20 billion with chip production expected by 2025.

February 2022: Intel agreed to acquire Tower Semiconductor

In February 2022, Intel agreed to acquire Israeli chip manufacturer Tower Semiconductor for $5.4 billion.

March 2022: Intel stopped supplying the Russian market

In March 2022, Intel stopped supplying the Russian market because of international sanctions during the Russo-Ukrainian War.

May 2022: Intel acquired Siru Innovations and launched a tech hub with Ericsson

In May 2022, Intel acquired Finnish graphics technology firm Siru innovations, and also announced the launch of a tech hub in California with Ericsson to focus on cloud RAN technology.

July 2022: Discontinuation of Optane business

In July 2022, Intel disclosed in its Q2 earnings report that it would cease future product development within its Optane business, effectively discontinuing the development of 3D XPoint as a whole.

August 2022: Intel signs partnership with Brookfield Asset Management

In August 2022, Intel signed a $30 billion partnership with Brookfield Asset Management to fund its factory expansions in Chandler.

2022: Intel to Drop Pentium and Celeron Naming Schemes

In 2022, Intel announced that they are dropping the Pentium and Celeron naming schemes for their desktop and laptop entry level processors.

2022: Intel announced its plan to take Mobileye automotive unit via an IPO of newly issued stock

In December 2021, Intel announced its plan to take Mobileye automotive unit via an IPO of newly issued stock in 2022, maintaining its majority ownership of the company.

2022: Intel announces layoffs

In the fall of 2022, Intel announced layoffs as part of cost reduction efforts.

2022: Convertible Debentures Equivalent in 2022

The $2,500,000 of convertible debentures offered to private investors in 1968 were equivalent to $21 million in 2022.

January 31, 2023: Intel announces pay cuts and suspends bonuses

On January 31, 2023, Intel announced pay cuts, suspended bonuses and merit pay increases, and reduced retirement plan matching as part of $3 billion in cost reductions.

March 2023: As of March 2023

The entry is timestamped as of March 2023.

August 2023: Intel terminated the acquisition of Tower Semiconductor

In August 2023, Intel terminated the acquisition of Tower Semiconductor as it failed to obtain approval from Chinese regulators within the 18-month transaction deadline.

September 2023: Fine Re-imposed

In September 2023, the €1.06 billion fine that was dropped in 2022 was re-imposed as a €376.36 million fine.

October 2023: Announcement of PSG spin-off

In October 2023, Intel announced it would be spinning off PSG into a separate company at the start of 2024, while maintaining majority ownership.

October 2023: Spin-off of Programmable Solutions Group

In October 2023, Intel announced it would be spinning off its Programmable Solutions Group business unit into a separate company at the start of 2024, while maintaining majority ownership and intending to seek an IPO within three years to raise funds.

October 2023: Intel confirmed as first commercial user of high-NA EUV lithography tool

In October 2023, Intel confirmed it would be the first commercial user of high-NA EUV lithography tool, as part of its plan to regain process leadership from TSMC.

December 2023: The 10 largest shareholders of Intel

As of December 2023, the company made a statement about the 10 largest shareholders of Intel.

December 2023: Intel unveils Gaudi3 AI chip

In December 2023, Intel unveiled Gaudi3, an artificial intelligence (AI) chip for generative AI software.

2023: Leads x86 Market

As of 2023, Intel leads the x86 market by a wide margin with a 68.4% market share.

2023: Dell, Lenovo and HP Inc. account for Intel's revenues

In 2023, Dell accounted for about 19% of Intel's total revenues, Lenovo accounted for 11%, and HP Inc. accounted for 10%.

2023: Intel to Drop 'i' in Processor Markings

In 2023, Intel announced that they will be dropping the 'i' in their future processor markings, so products like Core i7 will be called Core 7, and Ultra will be added to the endings of higher-end processors like Core Ultra 7.

Intel® Core™ i7-12700KF, 12-Core Desktop Processor (8P+4E) up to 5.0GHz, LGA1700 125W 600 Series Chipset
Intel® Core™ i7-12700KF, 12-Core Desktop Processor (8P+4E) up to 5.0GHz, LGA1700 125W 600 Series Chipset

2023: Planned start of construction for Magdeburg mega factories

In 2023, the start of the construction was initially planned for Magdeburg mega factories.

2023: "Intel Processor" to Replace Pentium and Celeron

Starting in 2023, the "Intel Processor" branding will be replacing the old Pentium and Celeron naming schemes.

April 2024: Intel reached an agreement to sell 51% of Altera to Silver Lake

In April 2024, Intel reached a definitive agreement to sell 51% of Altera to Silver Lake. With this sale and Silver Lake now owning a majority stake, Intel also announced the cancellation of the potential IPO being conducted for Altera.

May 2024: U.S. Department of Defense as a large customer

In May 2024, the U.S. Department of Defense was reported to be a large customer for Intel.

June 4, 2024: Intel announces AI chips for data centers, the Xeon 6 processor

On June 4, 2024, Intel announced AI chips for data centers, the Xeon 6 processor, aiming for better performance and power efficiency compared to its predecessor.

June 2024: Stopping development on Kiryat Gat-based factory in Israel

In June 2024, the company announced that it was stopping development on a Kiryat Gat-based factory in Israel. The site was expected to cost $25 billion, with $3.2 billion provided by the Israeli government in the form of a grant.

August 2024: Intel announces job cuts

In August 2024, Intel announced its intention to cut 15,000 jobs to save $10 billion in 2025, after posting $1.6 billion in losses for Q2.

September 2024: Intel qualified for federal grants for semiconductor production

In September 2024, it was reported that Intel qualified for up to $3.5 billion in federal grants to produce semiconductors for the Defense Department.

September 24, 2024: Release of Lunar Lake processors for AI PCs

Intel released architecture details for its Lunar Lake processors for AI PCs on September 24, 2024.

November 1, 2024: Intel to be dropped from Dow Jones Industrial Average

On November 1, 2024, it was announced that Intel will drop out of the Dow Jones Industrial Average on November 8, with Nvidia taking its place.

November 2024: Class-Action Lawsuit Filed Against Intel Over Raptor Lake CPU Instability

In November 2024, Intel customers who had purchased the company's Raptor Lake CPUs filed a class-action lawsuit alleging the company knew about and failed to disclose instability issues affecting 13th and 14th generation Raptor Lake CPUs.

December 1, 2024: Pat Gelsinger retired as Intel CEO

On December 1, 2024, Pat Gelsinger retired from the position of Intel CEO and stepped down from the company’s board of directors. David Zinsner and Michelle Johnston Holthaus were named as interim co-CEO's.

December 2024: Pat Gelsinger ousted as Intel CEO

In December 2024, Intel's CEO Pat Gelsinger was ousted amid ongoing struggles to revitalize the company. Following his departure, David Zinsner and Michelle Johnston Holthaus served as interim co-CEOs.

2024: Spin-off of PSG into a separate company

At the start of 2024, Intel is planning to spin off PSG into a separate company, while maintaining majority ownership.

2024: Intel Sponsorships in Esports

In 2024, Intel and Riot Games had an annual sponsorship valued at US$5 million, and one with JD Gaming for US$3.3 million. The company also had a sponsorship with Global Esports.

2024: Postponement of the start of construction for Magdeburg mega factories

In 2024, the start of the construction has been postponed to late 2024 for Magdeburg mega factories.

2024: Spin-off of Programmable Solutions Group

Intel planned to spin off its Programmable Solutions Group business unit into a separate company at the start of 2024, while maintaining majority ownership and intending to seek an IPO within three years to raise funds. The announcement was made in October 2023.

March 13, 2025: Intel appoints Lip-Bu Tan as new CEO

On March 13, 2025, Intel announced the appointment of Lip-Bu Tan as their new CEO, effective March 18, after 4 months of having interim co-CEOs.

March 18, 2025: Lip-Bu Tan formally replaced Pat Gelsinger as CEO

On March 18, 2025, Lip-Bu Tan formally replaced Pat Gelsinger as Intel CEO.

April 2025: New marketing campaign announced

In April 2025, Intel's chief marketing officer announced a new marketing campaign—"That's the power of Intel Inside"—to highlight the usage of Intel products across different markets and industries.

2025: Target year for cost savings

In 2025, Intel aims to save $10 billion through job cuts.

2025: Remaining transaction worth $2 billion between SK Hynix and Intel expected

In 2025, the remaining transaction between SK Hynix and Intel worth $2 billion is expected to be completed as part of the acquisition of Intel's NAND memory business.

2025: Expected chip production at New Albany facility

Intel expects the facility in New Albany to begin producing chips by 2025.

2027: Scheduled production start for Magdeburg mega factories

In 2027, the production start is scheduled for Magdeburg mega factories.

2030: Intel plans to reduce carbon emissions 10%

By 2030, Intel plans to reduce carbon emissions 10% from a 2020 base year.

2030: Continued investment in Israel until 2030

In March 2014, it was reported that Intel planned a $6 billion investment for activities in Israel, with continued investment in existing and new Intel plants planned until 2030.

2040: Intel plans to achieve net-zero carbon emissions

By 2040, Intel plans to achieve net-zero carbon emissions.