History of Intel in Timeline
Intel Corporation is a multinational technology company headquartered in Santa Clara, California. It's one of the world's largest semiconductor chip manufacturers, focusing on designing, manufacturing, and selling computer components like CPUs. Intel has consistently ranked among the largest U.S. corporations by revenue in the Fortune 500, showcasing its significant impact on the technology sector.
July 18, 1968: Intel Founded
On July 18, 1968, Intel was founded by Gordon Moore, Robert Noyce, and Arthur Rock.
1968: Robert Noyce became CEO
In 1968, Robert Noyce served as Intel's CEO at its founding.
April 1969: Introduction of the first Intel logo
In April 1969, Intel introduced its first logo, featuring the company name stylized in all lowercase, with the letter "e" dropped below the other letters.
1969: First Products
In 1969, Intel produced its first products: the 3101 Schottky TTL bipolar 64-bit static random-access memory (SRAM), the 3301 Schottky bipolar 1024-bit read-only memory (ROM), and the 256-bit 1101 MOSFET silicon gate SRAM chip.
1970: Release of 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 was introduced to the mass market, though the microprocessor did not become the core of Intel's business until the mid-1980s. The Intel 4004 was originally developed for Busicom to replace ASICs in a calculator.
1971: Intel 4004
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 Becomes Bestselling Memory Chip
By 1972, Intel's 1103 became the bestselling semiconductor memory chip in the world.
1972: First International Manufacturing Facility
In 1972, Intel opened its first international manufacturing facility in Malaysia.
1973: First Microcomputer
In 1973, Intel created one of the first microcomputers.
1974: Intel Israel founded
In 1974, Intel began operating in Israel when Dov Frohman founded the Israeli branch of the company in Haifa.
1975: Gordon Moore becomes CEO
In 1975, Gordon Moore became CEO of Intel.
1975: Start of Project to Develop Advanced 32-bit Microprocessor
In 1975, Intel initiated a project to develop an advanced 32-bit microprocessor, which was eventually released as the Intel iAPX 432.
1976: Cross-licensing agreement with AMD
In 1976, Intel had full cross-licensing agreements with AMD, allowing each partner to use the other's patented technological innovations without charge after a certain time, with cancellation upon AMD's bankruptcy or takeover.
1978: Completion of the 8086 Processor
In 1978, Intel completed the 8086 processor (and its variant the 8088) and embarked on a major marketing and sales campaign nicknamed "Operation Crush" to win customers for the processor. The IBM PC division was one design win.
1979: Andy Grove became president
In 1979, Andy Grove became Intel's president.
1980: Supply base reduction
Since the mid-1980s, Intel has addressed supply base reduction as an issue, adopting an "n + 1" rule of thumb.
1981: Introduction of the IBM Personal Computer
IBM introduced its personal computer in 1981, and it was rapidly successful, driving demand for Intel's microprocessors.
1981: Release of Intel iAPX 432
In 1981, Intel released the iAPX 432, a highly advanced 32-bit microprocessor which ultimately failed in the marketplace due to unmet performance objectives.
1981: Memory chips dominate Intel's business
Until 1981, SRAM and DRAM memory chips represented the majority of Intel's business.
1982: Creation of the 80286 Microprocessor
In 1982, Intel created the 80286 microprocessor, which was later used in the IBM PC/AT.
1983: Profitability of DRAM Market Reduced
By 1983, increased competition from Japanese semiconductor manufacturers had dramatically reduced the profitability of Intel's DRAM chip business, leading to a shift to microprocessors.
1983: Shift to Microprocessors
In 1983, Intel's profits faced pressure from Japanese memory-chip manufacturers, leading then-president Andy Grove to shift the company's focus to microprocessors and becoming the single source for successors to the 8086 microprocessor.
1984: Founding of Intel Scientific Computers division
In 1984, Intel Scientific Computers division was founded by Justin Rattner, to design and produce parallel computers based on Intel microprocessors connected in hypercube internetwork topology.
1984: Semiconductor Chip Protection Act
In 1984, the Semiconductor Chip Protection Act, a law sought by Intel and the SIA, was enacted to recognize intellectual property rights related to microprocessor topology.
1985: Compaq's First 80286-Based Desktop System
In 1985, Compaq produced a desktop system based on the faster 80286 processor, marking the beginning of IBM PC clones.
1986: Compaq's 80386-Based System
In 1986, Compaq released the first 80386-based system, beating IBM and establishing a competitive market for PC-compatible systems, solidifying Intel's role as a key component supplier.
1987: Andy Grove added CEO title
In 1987, Andy Grove added the CEO title when Moore became chairman.
1987: Intel ranked among top semiconductor sellers
In 1987, Intel was among the world's top ten sellers of semiconductors, ranking 10th.
1989: Introduction of the 486 Microprocessor
In 1989, Intel introduced the 486 microprocessor, marking a significant advancement in processor technology.
1989: Intel sought MicroAge's support to promote Intel chips
In 1989, Intel's Dennis Carter met with MicroAge's Ron Mion to seek support in persuading computer suppliers to favor Intel chips, as cheaper microprocessors from competitors were eroding Intel's market share. MicroAge declined, believing the marketplace should decide, while Intel argued it would be too difficult to educate PC buyers on the value of Intel microprocessors.
1990: Establishment of Second Design Team
In 1990, Intel established a second design team, with the commitment to designing a major new processor every two years, versus the four or more years such designs had previously taken.
1991: Antitrust Lawsuit Against Intel
In 1991, Antitrust allegations had been simmering, leading to one lawsuit against Intel.
1991: Intel Inside Marketing Campaign
In 1991, Intel launched its 'Intel Inside' marketing campaign.
1991: Intel Inside marketing and branding campaign
In 1991, Intel launched the "Intel Inside" marketing and branding campaign, which aimed to establish Intel as a household name through ingredient branding. The slogan "Intel Inside" was coined, marking a significant milestone in Intel's history.
1991: Worldwide branding campaign "Intel Inside"
In 1991, the "Intel Inside" campaign, incorporating the Japan idea, elevated to a worldwide branding campaign by Intel marketing manager Dennis Carter.
1992: Intel became largest semiconductor chip maker
In 1992, Intel became the biggest semiconductor chip maker by revenue.
1992: Name changed to Intel Supercomputing Systems Division
In 1992, the name of Intel Scientific Computers division was changed to the Intel Supercomputing Systems Division, and development of the iWarp architecture was also subsumed.
1993: Bill Gaede arrested
In 1993, Bill Gaede was arrested for attempting to sell the i486 and P5 Pentium designs to AMD and to certain foreign powers.
1993: Introduction of the Intel Pentium
In 1993, Intel introduced the P5 project as the Intel Pentium, replacing the part number with a registered trademark name.
1993: Intel Sued for Age Discrimination
In 1993, Intel was sued by nine former employees alleging they were laid off because they were over the age of 40.
1993: Santa Clara Team Embarks on x86 Architecture Successor
In 1993, the Santa Clara design team began working on a successor to the x86 architecture, codenamed "P7".
June 1994: Floating-point flaw discovered in P5 Pentium microprocessor
In June 1994, Intel engineers found a flaw in the P5 Pentium microprocessor's floating-point math subsection, leading to incorrect results under certain conditions. Intel addressed the error in a future revision and recalled the defective CPUs.
October 1994: Public disclosure of the Pentium floating-point bug
In October 1994, Thomas Nicely publicly disclosed a flaw in the Intel Pentium processor. This disclosure quickly spread and forced Intel to acknowledge and address the issue, eventually leading to a recall and replacement program.
1994: The five-note jingle introduced
In 1994 the five-note jingle was introduced and by its tenth anniversary was being heard in 130 countries around the world.
1994: Andy Bryant became CFO
In 1994, Andy Bryant held the post of CFO at Intel.
1994: Intel sanctioned employee diversity groups
In 1994, Intel sanctioned one of the earliest corporate Gay, Lesbian, Bisexual, and Transgender employee groups, and supports a Muslim employees group, a Jewish employees group, and a Bible-based Christian group.
1994: Launch of the Pentium
In 1994, the Intel jingle was created to coincide with the launch of the Pentium processor.
1995: Release of the Pentium Pro
In 1995, Intel released the P6 project as the Pentium Pro, improving upon the previous generation of processors.
1995: Ken Hamidi Fired from Intel
In 1995, Ken Hamidi, who later founded FACE Intel, was fired from Intel at the age of 47.
1995: Industrial espionage case arises
In 1995, an industrial espionage case arose involving Intel and AMD, centered on Bill Gaede.
June 1996: Bill Gaede convicted
In June 1996, Bill Gaede was convicted and sentenced to 33 months in prison for attempting to sell Intel designs to AMD.
May 1997: Appearance of the Pentium II
Intel's strategy was to develop processors with better performance in a short time. The Pentium II processor appeared in May 1997.
1997: Introduction of the Pentium II
In 1997, Intel introduced the Pentium II, representing a further improvement of the P6 architecture.
1997: Suit by Digital Equipment Corporation (DEC)
Intel's dominance in the x86 microprocessor market led to numerous charges of antitrust violations over the years, including civil actions such as the 1997 suit by Digital Equipment Corporation (DEC).
1998: Craig Barrett became CEO
In 1998, Craig Barrett, already company president, took over as CEO, succeeding Grove as chairman.
February 1999: Appearance of the Pentium III
Intel's strategy was to develop processors with better performance in a short time. The Pentium III processor appeared in February 1999.
1999: Hamidi Blocked from Using Intel's Email System
In 1999, Ken Hamidi was blocked in a court decision from using Intel's email system to distribute criticism of the company to employees.
1999: Intel significant participation in the open source communities
Intel has had significant participation in the open source communities since 1999.
1999: FTC investigation
Intel's dominance in the x86 microprocessor market led to numerous charges of antitrust violations over the years, including FTC investigations in 1999.
2000: Growth in Demand Slows, Competition Increases
After 2000, growth in demand for high-end microprocessors slowed, and competitors like AMD garnered significant market share.
2000: Microprocessor performance outstrips software demand
By the end of the 1990s, microprocessor performance had outstripped software demand for that CPU power. In 2000, consumer systems ran effectively on increasingly low-cost systems.
2000: Appearance of the Pentium 4
Intel's strategy was to develop processors with better performance in a short time. The Pentium 4 processor appeared in the fall of 2000, making the strategy ineffective and opening opportunities for competitors.
June 2001: Introduction of the Itanium
In June 2001, Intel introduced the Itanium, the implementation of the IA-64 64-bit architecture. Itanium's performance running legacy x86 code did not meet expectations.
2002: Received 100% rating on Corporate Equality Index
In 2002, Intel received a 100% rating on the first Corporate Equality Index released by the Human Rights Campaign.
2003: Accusations of Excess VOC Releases in Rio Rancho
In 2003, Intel faced accusations from residents of Rio Rancho, New Mexico, regarding the release of volatile organic compounds (VOCs) exceeding permitted levels. A specific incident involving the release of 1.4 tons of carbon tetrachloride from an acid scrubber was cited, although Intel's reporting indicated no carbon tetrachloride emissions for the year.
2003: Court Overturns Decision Blocking Hamidi
In 2003, the court overturned the 1999 decision in Intel Corp. v. Hamidi, which had blocked Ken Hamidi from using Intel's email system to distribute criticism of the company.
2004: AMD Claims Against Intel
In 2004, AMD brought further claims against Intel related to unfair competition.
June 6, 2005: Apple to Use Intel Processors
On June 6, 2005, Apple announced it would switch to Intel's x86 processors for Macintosh computers.
September 2005: Intel responds to AMD lawsuit
In September 2005, Intel filed a response to an AMD lawsuit, disputing AMD's claims, and claiming that Intel's business practices are fair and lawful.
2005: AMD Claims Against Intel
In 2005, AMD brought further claims against Intel related to unfair competition.
2005: Andy Grove retired as chairman
In 2005, Andy Grove retired as chairman and as a member of the board of directors at age 68.
2005: Company Reorganization
In 2005, CEO Paul Otellini reorganized Intel to refocus on core processor and chipset business platforms (enterprise, digital home, digital health, and mobility).
2005: Criticism over Intel Pro/Wireless firmware redistribution rights
In 2005, following the release of Intel Pro/Wireless 2100, 2200BG/2225BG/2915ABG and 3945ABG wireless products, Intel faced criticism for not allowing free redistribution rights for the required firmware, causing campaigns for binary firmware inclusion in free operating systems. This led to Intel being called "an Open Source fraud".
2005: Intel violated the Japanese Antimonopoly Act
In 2005, the local Fair Trade Commission found that Intel violated the Japanese Antimonopoly Act, ordering Intel to eliminate discounts that had discriminated against AMD. To avoid a trial, Intel agreed to comply with the order.
2005: Paul Otellini became CEO
On May 18, 2005, Craig Barrett handed the CEO position to Paul Otellini, who was then the company president and COO. Barrett replaced Grove as Chairman of the Board.
January 3, 2006: Introduction of the second Intel logo
On January 3, 2006, Intel introduced its second logo, inspired by the "Intel Inside" campaign, featuring a swirl around the Intel brand name.
January 10, 2006: Announcement of first Mac computers containing Intel CPUs
On January 10, 2006, Apple announced the first Mac computers containing Intel CPUs.
June 27, 2006: Sale of XScale Assets Announced
On June 27, 2006, Intel announced the sale of its XScale processor business to Marvell Technology Group.
July 2006: Allegations of VOC Releases from Rio Rancho Site
In July 2006, during a subcommittee meeting of the New Mexico Environment Improvement Board, a resident claimed that Intel's own reports documented over 1,580 pounds (720 kg) of VOCs released from their Rio Rancho site in June and July 2006.
July 27, 2006: Release of the Core 2 family
On July 27, 2006, Intel released the Core 2 family of processors based on the Intel Core microarchitecture. This 64-bit design emphasized 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 lawsuit filed against Intel
In October 2006, a Transmeta lawsuit was filed against Intel for patent infringement on computer architecture and power efficiency technologies.
November 9, 2006: XScale Assets Sale Completed
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
From November 2006, the Apple Xserve server was updated to Intel Xeon processors and offered in a configuration similar to Apple's Mac Pro.
2006: Intel released MIT-licensed X.org drivers for integrated graphic cards
In 2006 Intel released MIT-licensed X.org drivers for their integrated graphic cards of the i965 family of chipsets.
2006: Dell adopts AMD as a secondary supplier
In 2006, Dell adopted AMD as a secondary supplier, and Intel subsequently stopped their rebates, causing Dell's financial performance to fall.
2006: Intel expands 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.
2006: Mainstreamed the new jingle with the launch of the Core processors
In 2006, Intel mainstreamed the remade jingle with the launch of the Core processors, although the melody remained unchanged.
2006: Core Microarchitecture Unveiled
In 2006, Intel unveiled its Core microarchitecture, which was well-received and regained much of Intel's leadership in processor performance.
2006: Introduction of Neo Sans Intel
In 2006, Neo Sans Intel was introduced alongside Intel's rebranding.
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, alleging preferential pricing to computer makers buying most or all of their chips from Intel.
September 2007: South Korean regulators accuse Intel of antitrust law breaking
In September 2007, South Korean regulators accused Intel of breaking antitrust law. The investigation began in February 2006.
October 2007: Settlement of Transmeta lawsuit
In October 2007, the Transmeta lawsuit was settled, with Intel agreeing to pay US$150 million initially and US$20 million per year for the next five years.
2007: Intel Evades Payment of Property Taxes
Between 2007 and 2008 Intel evaded payment of property taxes of ₹340 million (US$4.0 million).
2007: Andy Bryant became Chief Administrative Officer
In 2007, Andy Bryant held the post of Chief Administrative Officer at Intel.
2007: Fortune 500 ranking
In 2007, Intel ranked in the Fortune 500 list of the largest United States corporations by revenue.
2007: Maxine Fesberg became CEO of Intel Israel
In 2007, Maxine Fesberg became the CEO of Intel Israel.
January 2008: New York investigation of Intel begins
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 Office in Munich
In February 2008, Intel's office in Munich was raided by European Union regulators as part of an investigation into anti-competitive practices. Intel cooperated with the investigation, which could have resulted in a fine of up to 10% of its annual revenue.
June 2008: EU Files New Charges Against Intel
In June 2008, the European Union filed new charges against Intel related to anti-competitive practices.
June 2008: Fair Trade Commission orders Intel to pay a fine
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.
June 2008: Federal Trade Commission begins antitrust investigation of Intel
In June 2008, the Federal Trade Commission also began an antitrust investigation of the case against Intel.
November 2008: Release of 1st-generation Core processors
In November 2008, Intel released the 1st-generation Core processors based on the Nehalem microarchitecture, introducing the Core i3, i5, and i7 naming scheme.
2008: Intel Evades Payment of Property Taxes
Between 2007 and 2008 Intel evaded payment of property taxes of ₹340 million (US$4.0 million).
2008: Intel ships mainstream solid-state drives (SSDs)
In 2008, Intel began shipping mainstream solid-state drives (SSDs) with up to 160 GB storage capacities, using industry standards such as NAND flash, mSATA, PCIe, and NVMe.
2008: Penryn Microarchitecture Introduction
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 shifted 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 such as the Internet, requiring that at least 35% of co-op program funds be used for online marketing.
2008: Spun Off Solar Startup Business
In 2008, Intel spun off key assets of a solar startup business effort to form an independent company, SpectraWatt Inc.
2008: Court date set for AMD lawsuit
In 2008, a court date was finally set for the AMD lawsuit against Intel.
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, Craig Barrett stepped down as chairman of the board and was succeeded by Jane Shaw.
May 2009: EU Fines Intel €1.06 Billion for Anti-Competitive Practices
In May 2009, the European Union determined that Intel had engaged in anti-competitive practices, including paying companies like Acer, Dell, HP, Lenovo, and NEC to exclusively use Intel chips. Consequently, Intel was fined €1.06 billion (US$1.44 billion), a record amount, and was ordered to cease all illegal practices. They harmed other companies, like AMD.
November 4, 2009: New York attorney general files antitrust lawsuit against Intel
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 Andrew Cuomo sues Intel
In November 2009, following a two-year investigation, New York Attorney General Andrew Cuomo sued Intel, accusing them of bribery and coercion.
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: Agreement to pay AMD $1.25 billion
In 2009, Intel agreed to pay AMD $1.25 billion and grant them a perpetual patent cross-license, resolving years of legal disputes.
2009: Intel Announces Effort to Remove Conflict Resources from Supply Chain
In 2009, Intel announced its plan to remove conflict resources, specifically precious metals sourced from mines funding armed groups in the Democratic Republic of the Congo, from its supply chain. They would use first- and third-party audits and get inputs from organizations.
2009: Intel's economic impacts 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 in Oregon.
2009: Intel's mainstream processor naming
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.
July 22, 2010: Dell agrees to settlement with the U.S. Securities and Exchange Commission (SEC)
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's acquisition of Infineon's Wireless Solutions business. Intel planned to integrate Infineon's technology into various devices like laptops, smartphones, netbooks, tablets, and embedded computers, aiming to incorporate wireless modems into Intel's silicon chips.
September 2010: FTC administrative proceeding against Intel
In September 2010, the FTC started administrative proceeding against Intel
2010: Intel purchased McAfee
In 2010, Intel acquired McAfee, a computer security technology manufacturer, for $7.68 billion. As a condition for regulatory approval, Intel agreed to share necessary information with rival security firms to ensure their products were compatible with Intel's chips. Following the acquisition, Intel's workforce expanded to approximately 90,000 employees.
2010: Introduction of Westmere microarchitecture
In 2010, the Westmere microarchitecture succeeded Nehalem, featuring a die shrink to 32 nm and including Intel HD Graphics.
2010: Intel's annual financial report on advertising
Intel's 2010 annual financial report indicated that $1.8 billion (6% of gross margin and nearly 16% of the total net income) was allocated to all advertising with Intel Inside being part of that.
2010: Centrino applies to WiMAX and Wi-Fi technologies
Since 2010, "Centrino" is only being applied to Intel's WiMAX and Wi-Fi technologies.
February 2011: New Manufacturing Facility
In February 2011, Intel began building a new microprocessor manufacturing facility in Chandler, Arizona.
March 2011: Intel bought SySDSoft
In March 2011, Intel acquired the majority of assets from Cairo-based SySDSoft.
April 2011: Pilot Project with ZTE Corporation
In April 2011, Intel started a pilot project with ZTE Corporation to produce smartphones using the Intel Atom processor for China's domestic market.
July 2011: Intel to acquire Fulcrum Microsystems Inc.
In July 2011, Intel announced its agreement to acquire Fulcrum Microsystems Inc., a company specializing in network switches and previously listed among EE Times' 60 Emerging Startups.
October 2011: Intel to acquire Telmap
In October 2011, Intel reached a deal to acquire Telmap, an Israeli navigation software company. The purchase price was not disclosed, but Israeli media reported values around $300 million to $350 million.
October 2011: Intel sells Core i7-2700K
In October 2011, Intel started to sell its Core i7-2700K "Sandy Bridge" chip to customers worldwide.
December 2011: Reorganization into Mobile and Communications Group
In December 2011, Intel reorganized several of its business units into a new mobile and communications group, responsible for smartphone, tablet, and wireless efforts.
2011: Rumors of Apple switching from Intel processors
As early as 2011, rumors began circulating about Apple potentially switching from Intel processors to their own designs.
2011: Prototype ultrabooks at Intel Developers Forum
At the Intel Developers Forum in 2011, four Taiwan ODMs displayed prototype ultrabooks utilizing Intel's Ivy Bridge chips.
2011: ECONorthwest economic impact analysis
In 2011, ECONorthwest conducted an economic impact analysis of Intel's contribution to Oregon.
2011: Intel Capital announced new fund for Ultrabooks
In 2011, Intel Capital announced a new fund to support startups working on technologies related to next-generation notebooks, allocating $300 million over three to four years for ultrabooks. Intel defined the ultrabook as a thin notebook utilizing Intel processors with tablet features like a touch screen and long battery life. Intel announced the ultrabook concept at Computex in 2011.
2011: Release of Sandy Bridge-based 2nd-generation Core processors
In 2011, Intel released the Sandy Bridge-based 2nd-generation Core processor family, which featured 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 Files for Bankruptcy
In 2011, SpectraWatt, which was spun off from Intel in 2008, filed for bankruptcy.
2011: Intel's market share decreased in the PC microprocessor market
In 2011, according to IDC, Intel held the largest market share in the worldwide PC microprocessor market (73.3%) and the mobile PC microprocessor market (80.4%). However, these numbers decreased by 1.5% and 1.9% respectively, compared to the first quarter of 2011.
2011: Israeli government offered Intel $290 million to expand
In 2011, the Israeli government offered Intel $290 million to expand in the country, under the condition that Intel employ 1,500 more workers in Kiryat Gat and between 600 and 1000 workers in the north.
January 2012: Android Support for Intel Atom
In January 2012, Google announced Android 2.3 would support Intel's Atom microprocessor.
May 2012: Andy Bryant became executive chairman
In May 2012, Intel vice chairman Andy Bryant succeeded Jane Shaw as executive chairman.
July 2012: Intel to buy shares of ASML Holding NV
In July 2012, Intel agreed to acquire 10% of the shares of ASML Holding NV for $2.1 billion and invest another $1 billion for 5% of the shares, pending shareholder approval, to fund research and development. This deal, totaling EUR3.3 billion ($4.1 billion), aimed to accelerate the development of 450-millimeter wafer technology and extreme ultra-violet lithography by up to two years.
November 2012: Paul Otellini announced his retirement
In November 2012, president and CEO Paul Otellini announced that he would step down in May 2013.
2012: Introduction of Ivy Bridge-based 3rd-generation Core processors
In 2012, Intel introduced the Ivy Bridge-based 3rd-generation Core processors at the Intel Developer Forum. Ivy Bridge featured a die shrink to 22 nm and supported both DDR3 memory and DDR3L chips.
2012: Plan to Introduce Medfield
In 2012, Intel planned to introduce Medfield, a processor for tablets and smartphones, to compete with Arm.
2012: Enough Project Ranks Intel as "Pioneer of Progress"
In 2012, the Enough Project rated Intel the best of 24 consumer electronics companies in its rankings on the progress regarding conflict minerals, calling it a "Pioneer of progress".
May 2, 2013: Brian Krzanich elected as CEO
On May 2, 2013, Brian Krzanich, the Executive Vice President and COO, was elected as Intel's sixth CEO.
May 2013: Intel's Board of Directors composition
As of May 2013, Intel's board of directors was recognized for its exemplary corporate governance.
May 2013: Paul Otellini stepped down as CEO
Paul Otellini stepped down as CEO in May 2013, after announcing his retirement in November 2012. During his tenure, Intel's revenue increased significantly.
May 16, 2013: Brian Krzanich's appointment as CEO became effective
On May 16, 2013, Brian Krzanich's selection as Intel's CEO became effective at the company's annual meeting. Simultaneously, Renee James was selected as president.
July 2013: Intel Custom Foundry Division Clients
As of July 2013, five companies were utilizing Intel's fabs through the Intel Custom Foundry division: Achronix, Tabula, Netronome, Microsemi, and Panasonic, with Achronix being the only one shipping chips made by Intel using the 22 nm Tri-Gate process.
July 2013: Intel confirmed acquisition of Omek Interactive
In July 2013, Intel confirmed the acquisition of Omek Interactive, an Israeli company specializing in technology for gesture-based interfaces. The deal's monetary value was not disclosed, but Intel stated that the acquisition would enhance its capabilities in delivering more immersive perceptual computing experiences. Reports estimated the acquisition's value between US$30 million and $50 million.
September 2013: Acquisition of Indisys announced
In September 2013, the acquisition of Indisys, a Spanish natural language recognition startup, was announced. Intel completed the acquisition on May 31. Indysis' artificial intelligence (AI) technology features a human image capable of conversing fluently in multiple languages across various platforms.
October 2013: Alliance for Affordable Internet
In October 2013, Intel joined the Alliance for Affordable Internet (A4AI), a coalition seeking to make Internet access more affordable in the developing world.
2013: Support for all Tier-One Operating Systems
In 2013, Intel announced it would support all tier-one operating systems such as Linux, Android, iOS, and Chrome, moving away from an exclusive focus on Microsoft platforms.
2013: Intel sponsors FC Barcelona
In 2013, Intel became a sponsor of FC Barcelona.
2013: Manufacturing Facility Completed
In 2013, Intel completed the new microprocessor manufacturing facility in Chandler, Arizona, named Fab 42.
2013: Intel employed 10,000 employees in Israel
In 2013, Intel employed about 10,000 employees in Israel.
2013: Intel improving power consumption of chips for ultrabooks
In 2013, Intel planned to improve the power consumption of its chips for ultrabooks, such as the new Ivy Bridge processors, with a 10W default thermal design power.
2013: Intel Foundry Agreement with Altera
In 2013, Intel, facing excess fab capacity due to the Ultrabook's failure and declining PC sales, entered a foundry agreement with Altera to produce chips using a 14 nm process. Intel's custom foundry division indicated intentions to pursue similar deals in the future.
January 2014: Intel to cut about 5,000 jobs
In January 2014, Intel planned to cut approximately 5,000 jobs from its workforce after reporting earnings that missed analyst targets.
March 2014: Intel's $6 billion plan to expand in Israel
In March 2014, Intel announced a $6 billion plan to expand its activities in Israel through continued investment in existing and new Intel plants until 2030.
June 2014: General Court Rejects Intel's Appeal
In June 2014, the General Court, which sits below the European Court of Justice, rejected Intel's appeal against the European Commission's verdict regarding anti-competitive practices.
November 2014: Intel designs "Little Bear Blue" Paddington Bear statue
In November 2014, Intel designed a Paddington Bear statue—themed "Little Bear Blue"—one of fifty statues located around London. The statues were auctioned to raise funds for the National Society for the Prevention of Cruelty to Children (NSPCC).
November 2014: Plans to use optical fibers to improve networking within 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 acquired PasswordBox.
2014: Intel Announces Conflict-Free Microprocessors
During a keynote address at the 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 Clear, a global font designed for use across all communications, was announced.
2014: CEO Urges Industry to Shun Conflict Minerals
In 2014, Intel chief executive Brian Krzanich urged the rest of the industry to follow Intel's lead by also shunning conflict minerals.
2014: Employee Cuts
In 2014, Intel cut thousands of employees in response to "evolving market trends", and offered to subsidize manufacturers for using Intel chips in their tablets.
January 2015: Investment to enhance gender and racial 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 stake in Vuzix
In January 2015, Intel purchased a 30% stake in Vuzix, a smart glasses manufacturer, for $24.8 million.
February 2015: Intel to purchase Lantiq
In February 2015, Intel announced an agreement to purchase Lantiq, a German network chipmaker, to expand its range of chips in devices with Internet connection capability.
June 2015: Intel 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 acquired 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 report
In 2015, Intel prepared its Global Diversity & Inclusion Annual Report. The male-female mix of US employees was reported as 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 released
In February 2016, Intel released its Global Diversity & Inclusion 2015 Annual Report, reporting the male-female mix of US employees was 75.2% men and 24.8% women.
April 2016: Cancellation of SoFIA 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 Threaten to Dump Garbage on Intel's Campus Over Unpaid Taxes
In August 2016, Indian officials of the Bruhat Bengaluru Mahanagara Palike (BBMP) threatened to dump garbage trucks on Intel's campus for evading property taxes between 2007 and 2008, amounting to ₹340 million (US$4.0 million).
August 2016: Intel purchased Nervana Systems
In August 2016, Intel purchased deep-learning startup Nervana Systems for over $400 million.
September 2016: Intel sold majority stake in McAfee
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: Maxine Fesberg announced her resignation
In December 2016, Maxine Fesberg, CEO of Intel Israel, announced her resignation.
2016: Intel cut 12,000 jobs
In 2016, Intel cut 12,000 jobs due to declining PC sales.
2016: Tick-Tock Model Deprecation
In 2016, Intel deprecated its tick-tock model of microarchitecture development with the release of the 7th-generation Core family (Kaby Lake), transitioning to a process–architecture–optimization model.
2016: Deprecated tick-tock model
In 2016, Intel deprecated its 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 Aims for Entire Supply Chain to Be Conflict-Free
In 2016, Intel stated that it expected its entire supply chain to be conflict-free by the end of the year.
2016: Fortune 500 ranking
In 2016, Intel was still ranked in the Fortune 500 list of the largest United States corporations by revenue.
2016: Original Plan to Introduce 10 nm Products
Intel originally planned to introduce 10 nm products in 2016, but it became apparent that there were manufacturing issues with the node, leading to delays.
January 2017: Yaniv Gerti became CEO of Intel Israel
In January 2017, Yaniv Gerti filled the position of chief executive officer (CEO) of Intel Israel.
March 2017: Intel to purchase Mobileye
In March 2017, Intel announced an agreement to purchase Mobileye, an Israeli developer of autonomous driving systems, for US$15.3 billion.
June 2017: Intel investment in India R&D center
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: End of Itanium Chip 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: Intel introduces Optane SSDs based on 3D XPoint technology
In 2017, Intel introduced SSDs based on 3D XPoint technology under the Optane brand name.
2017: Intel joins the self-driving car industry
In 2017, Intel joined the self-driving car industry after joining forces with Mobileye. The company is also researching consumer acceptance of the technology.
2017: Delay of Mass Production of 10 nm Products
Intel delayed the mass production of their 10 nm products to 2017 due to manufacturing issues.
January 2018: Meltdown and Spectre Security Flaws Reported
In early January 2018, reports surfaced indicating that all Intel processors made since 1995 (excluding Intel Itanium and pre-2013 Intel Atom) were vulnerable to Meltdown and Spectre security flaws.
June 21, 2018: Brian Krzanich resigned as CEO
On June 21, 2018, Intel announced the resignation of Brian Krzanich as CEO due to a relationship with an employee. Bob Swan was named interim CEO.
2018: Closure of the Foundry Business
In 2018, Intel closed its foundry business due to issues with its own manufacturing processes.
2018: Cannon Lake release
In 2018, Intel released Cannon Lake, the first microarchitecture under the 10 nm node, in small quantities. It was marketed as the 8th-generation Core processor.
2018: Removed from Fortune 500 ranking
In 2018, Intel was removed from the Fortune 500 list of largest US corporations by revenue.
2018: Samsung surpassed Intel as the biggest semiconductor chip maker
In 2018, Samsung Electronics surpassed Intel as the biggest semiconductor chip maker by revenue, ending Intel's long-held position.
2018: Further Delay of Mass Production of 10 nm Products
Intel further delayed the mass production of their 10 nm products to 2018 due to continued manufacturing issues.
January 2019: Intel investment in new Israeli chip plant
In January 2019, Intel announced an investment of over $11 billion in a new Israeli chip plant.
January 31, 2019: Bob Swan named permanent CEO
On January 31, 2019, Bob Swan transitioned from his role as CFO and interim CEO and was named the seventh CEO of Intel.
September 2019: Introduction of 10th-Generation Intel Core Mobile Processors
In September 2019, Intel finally introduced mass-produced 10 nm 10th-generation Intel Core mobile processors (codenamed "Ice Lake").
2019: Release of Agilex FPGAs
In 2019, Intel released Agilex FPGAs: chips aimed at data centers, 5G applications, and other uses.
2019: Release of 10th-generation Core processors
In 2019, Intel released the 10th-generation of Core processors, codenamed "Amber Lake", "Comet Lake", and "Ice Lake".
2019: Market share decrease and delays for 10 nm products
In 2019, Intel's market share significantly decreased in the enthusiast market, and the company faced delays for its 10 nm products due to an overly aggressive strategy for moving to the next node, according to former Intel CEO Bob Swan.
January 2020: Employee numbers in Arizona
As of January 2020, Intel employed 12,000 people in Arizona.
June 22, 2020: Apple announces transition to custom Arm-based processors
On June 22, 2020, Apple announced during its annual WWDC that it would transition 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: Introduction of the third Intel logo
On September 2, 2020, Intel introduced its third logo, inspired by previous logos, removing the swirl and the classic blue color except for the dot in the "i".
September 2020: Launch of 11th-generation Core mobile processors
In September 2020, Intel launched the 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 processor custom-designed for the Mac.
2020: Continued Use of Skylake Microarchitecture
Due to struggles with shrinking the process node from 14 nm to 10 nm, Intel continued to use the Skylake microarchitecture until 2020, albeit with optimizations.
2020: Apple Transition to Apple Silicon
In 2020, Apple began transitioning away from the x86 architecture and Intel processors to their own Apple silicon for their Macintosh computers, impacting Intel's market.
2020: Reinstated in Fortune 500 ranking
In 2020, Intel was reinstated in the Fortune 500 list and ranked 45th, becoming the 7th-largest technology company in the ranking.
2020: New typeface Intel One designed
In 2020, as part of a new visual identity, a new typeface, Intel One, was designed. It replaced Intel Clear as the font used by the company in most of its branding, however, it is used alongside Intel Clear typeface. In logo, it replaced Neo Sans Intel typeface. However, it is still used to mark processor type and socket on the packaging of Intel's processors.
December 31, 2020: Total CO2e emissions reported
On December 31, 2020, Intel reported total CO2e emissions (direct + indirect) for the twelve months ending at 2,882 Kt, a 3.4% increase year-over-year.
January 13, 2021: Pat Gelsinger to replace Bob Swan as CEO
On January 13, 2021, Intel announced that Bob Swan would be replaced as CEO by Pat Gelsinger, effective February 15, 2021. Gelsinger was formerly Intel's chief technology officer and head of VMWare.
March 2021: Intel removed mandatory retirement age for corporate officers
In March 2021, Intel removed the mandatory retirement age for its corporate officers.
March 2021: Mandatory retirement policy for CEOs
Prior to March 2021, Intel had a mandatory retirement policy for its CEOs when they reached age 65.
March 23, 2021: Intel's IDM 2.0 Strategy Announced
On March 23, 2021, Intel CEO Pat Gelsinger introduced the IDM 2.0 strategy, involving investments in manufacturing facilities, 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. All 11th-generation Core processors feature new integrated graphics based on the Intel Xe microarchitecture.
November 2021: Intel recruited employees of Centaur Technology
In November 2021, Intel recruited some of the employees of the Centaur Technology division from VIA Technologies for $125 million, effectively acquiring the talent and know-how of their x86 division. VIA retained the x86 license and associated patents, and its Zhaoxin CPU joint-venture continues.
December 2021: Intel to invest in Malaysia
In December 2021, Intel announced it would invest $7.1 billion to build a new chip-packaging and testing factory in Malaysia, expanding operations across Penang and Kulim and creating thousands of jobs.
December 2021: Intel announced plan to take Mobileye automotive unit via an IPO
In December 2021, Intel announced its plan to take Mobileye automotive unit via an IPO of newly issued stock in 2022, while maintaining its majority ownership of the company.
2021: More optimizations on the Skylake microarchitecture
From 2016 until 2021, Intel released more optimizations on the Skylake microarchitecture with Kaby Lake R, Amber Lake, Whiskey Lake, Coffee Lake, Coffee Lake R, and Comet Lake.
2021: Intel started hiring thousands of engineers
In 2021, Intel reversed course and started hiring thousands of engineers under new CEO Pat Gelsinger.
2021: SK Hynix acquires most of Intel's NAND memory business
In 2021, SK Hynix acquired most of Intel's NAND memory business for $7 billion.
2021: Release of 12th-generation Intel Core processors
In late 2021, Intel released the 12th-generation Intel Core processors (codenamed "Alder Lake"), unifying both desktop and mobile products under a single process node using Intel's 10 nm process, called Intel 7.
2021: Gelsinger's Appointment
Since Gelsinger's appointment in 2021, Intel faced mounting challenges, including a $16.6 billion loss and a 60% drop in share prices.
January 2022: Selection of New Albany, Ohio for Manufacturing Facility
In January 2022, Intel selected New Albany, Ohio, for a major new manufacturing facility costing at least $20 billion, with chip production expected to begin 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: Ericsson and Intel launch tech hub
In May 2022, Ericsson and Intel partnered to launch a tech hub in California, focusing on research and development of cloud RAN technology to improve Ericsson Cloud RAN and Intel technology, enhance energy efficiency and network performance, and monetize new business opportunities.
May 2022: Intel acquired Siru innovations
In May 2022, Intel acquired Finnish graphics technology firm Siru innovations, which was founded by ex-AMD and Qualcomm mobile GPU engineers. The firm focused on developing software and silicon building blocks for GPUs made by other companies and will join Intel's Accelerated Computing Systems and Graphics Group.
July 2022: Intel ceases future product development within its Optane business
In July 2022, Intel disclosed that it would cease future product development within its Optane business, effectively discontinuing the development of 3D XPoint as a whole.
August 2022: Partnership with Brookfield Asset Management
In August 2022, Intel entered a $30 billion partnership with Brookfield Asset Management to fund factory expansions, with Intel holding a 51% controlling stake.
2022: Intel's IPO of Mobileye
In 2022, Intel announced its plan to take Mobileye automotive unit via an IPO of newly issued stock.
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: Convertible debentures equivalent value
In 2022, the $2,500,000 of convertible debentures offered to private investors in 1968 were equivalent to $21 million.
2022: Layoffs Announced
In the fall of 2022, Intel announced layoffs, which preceded the pay cuts and benefit suspensions announced in January 31, 2023.
January 31, 2023: Pay Cuts and Benefit Suspensions Announced
On January 31, 2023, Intel announced pay cuts affecting employees above midlevel, ranging from 5% upwards, along with suspended bonuses, merit pay increases, and reduced retirement plan matching, as part of $3 billion in cost reductions.
March 2023: Overview of Intel's operations as of March 2023
As of March 2023, overview information about the company was published.
August 2023: Intel terminated acquisition of Tower Semiconductor
In August 2023, Intel terminated its acquisition of Tower Semiconductor due to failure to obtain approval from Chinese regulators within the 18-month transaction deadline.
September 2023: Fine re-imposed as a €376.36 million fine
In September 2023 the €1.06 billion fine 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: Spinning off Programmable Solutions Group business unit
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: Confirmation as First Commercial User of High-NA EUV Lithography Tool
In October 2023, Intel confirmed it would be the first commercial user of a high-NA EUV lithography tool to regain process leadership.
December 2023: Top 10 largest shareholders of Intel
As of December 2023, The 10 largest shareholders of Intel were tracked.
December 2023: Unveiling of Gaudi3 AI Chip
In December 2023, Intel unveiled Gaudi3, an artificial intelligence (AI) chip for generative AI software, set to launch in 2024 to compete with Nvidia and AMD chips.
2023: Intel x86 market share
As of 2023, Intel leads the x86 market with a 68.4% market share.
2023: Revenue Breakdown by Customer
In 2023, Dell accounted for about 19% of Intel's total revenues, Lenovo accounted for 11% of total revenues, and HP Inc. accounted for 10% of total revenues.
2023: Intel drops the 'i' in processor markings
In 2023, Intel announced that they will be dropping the 'i' in their future processor markings. For example, products such as Core i9, will now be called Core 9. Ultra will be added to the endings of processors that are in the higher end, such as Core Ultra 9.
2023: "Intel Processor" Branding to Replace Pentium and Celeron
In 2023, the "Intel Processor" branding will be replacing the old Pentium and Celeron naming schemes.
2023: Initial Plan for Start of Construction in Magdeburg
The start of the construction for chip mega factories in Magdeburg, Germany was initially planned for 2023.
May 2024: U.S. Department of Defense is a large customer
In May 2024, the U.S. Department of Defense was reported as a large customer for Intel.
June 4, 2024: Announcement of AI Chips for Data Centers
On June 4, 2024, Intel announced new AI chips for data centers, including the Xeon 6 processor, designed for enhanced performance and power efficiency compared to previous models.
June 2024: Intel stopped development of Kiryat Gat-based factory
In June 2024, Intel announced that it was stopping development on a Kiryat Gat-based factory in Israel.
August 2024: Announcement of Job Cuts to Save $10 Billion
In August 2024, Intel announced its intention to cut 15,000 jobs to save $10 billion in 2025, following $1.6 billion in losses for Q2. The company plans to offer early retirement and voluntary departure options.
September 2024: Intel qualified for federal grants
In September 2024, Intel reportedly qualified for as much as $3.5 billion in federal grants to make semiconductors for the Defense Department.
September 24, 2024: Release of Lunar Lake Processors for AI PCs
Intel's Lunar Lake processors for AI PCs were released on September 24, 2024. The company also disclosed architecture details for it's release.
November 1, 2024: Announcement of Removal from Dow Jones Industrial Average
On November 1, 2024, it was announced that Intel would be removed from the Dow Jones Industrial Average on November 8 prior to the stock market open, with Nvidia replacing it.
December 1, 2024: Pat Gelsinger Retired from Intel CEO Position
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: Ousting of CEO Pat Gelsinger
In December 2024, Intel's CEO Pat Gelsinger was ousted amid ongoing struggles to revitalize the company. His resignation, effective December 1, followed a board meeting, and the company appointed David Zinsner and Michelle Johnston Holthaus as interim co-CEOs while searching for a permanent successor.
2024: Intel sponsorships with Riot Games and JD Gaming
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.
2024: Spin-off of Programmable Solutions Group business unit
In 2024, Intel plans to spin off its Programmable Solutions Group business unit into a separate company.
2024: Spin off PSG into a separate company
In October 2023, Intel announced it would be spinning off PSG into a separate company at the start of 2024, while maintaining majority ownership.
2024: Postponement of Construction Start in Magdeburg
The start of the construction for chip mega factories in Magdeburg, Germany was postponed to late 2024.
March 13, 2025: Appointment of 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 to replace Pat Gelsinger
On March 18, 2025, Lip-Bu Tan will formally replace Pat Gelsinger as Intel CEO.
2025: Remaining transaction worth $2 billion expected
In 2021, SK Hynix acquired most of Intel's NAND memory business, with a remaining transaction worth $2 billion expected in 2025.
2025: Targeted Savings from Job Cuts
Intel aims to save $10 billion in 2025 through the announced job cuts.
2025: Expected Start of Chip Production in New Albany
Intel expects the facility in New Albany to begin producing chips by 2025.
2027: Scheduled Production Start in Magdeburg
The production start for chip mega factories in Magdeburg, Germany is scheduled for 2027.
2030: Target to reduce carbon emissions
By 2030, Intel plans to reduce carbon emissions by 10% from a 2020 base year.
2030: Continued investment in existing and new Intel plants until 2030
In March 2014, Intel announced a plan for continued investment in existing and new Intel plants in Israel until 2030.
2040: Target to achieve net-zero carbon emissions
By 2040, Intel aims to achieve net-zero carbon emissions.
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