- Business
- Intel Corporation (Nasdaq: INTC; 4335.HK) designs, manufactures and sells advanced semiconductors and related computing technologies worldwide. The company offers central processing units including Intel Core processors for client computing and Intel Xeon processors for data centers; graphics processing units under the Intel Arc brand; field-programmable gate arrays through its Altera unit; chipsets, network interface controllers, flash memory and other communication devices; plus software platforms and developer tools spanning cloud, edge, AI and Internet of Things applications. Intel operates through segments such as Client Computing Group, Data Center and AI Group, Network and Edge Group, and Mobileye for advanced driver assistance systems, serving consumer, enterprise, government and industrial markets across the Americas, Europe, Asia-Pacific and other regions. Founded in 1968 and headquartered in Santa Clara, California, the company maintains leading-edge logic research and manufacturing facilities in the United States. Recent developments include an April 2025 agreement to sell 51% of Altera to Silver Lake for $8.75 billion valuing the FPGA business, with the deal expected to close in the second half of 2025 and Raghib Hussain appointed as Altera CEO; an August 2025 historic accord with the Trump Administration under which the U.S. government invests $8.9 billion in Intel common stock to bolster domestic semiconductor expansion exceeding $100 billion; and boosted partner funding plus incentive programs for 2025 alongside reduced direct partner coverage to sharpen focus on AI products like Core Ultra chips.