1 2 3 4 5 125 Previous Next

Intel Newsroom

1,868 Posts

This evening at the Code/Enterprise Series event in San Francisco, Diane Bryant, senior vice president and general manager of Intel’s Data Center Group, will have a conversation with reporters, Arik Hesseldahl and Ina Fried, about the disruptive power the data center has to impact entire industries and societies; the massive transformation underway in the digital services economy; and workplace diversity in the technology industry. Diane is also planning to address the current state of Intel’s data center business, and explain that the industry is still in the early stages of what data centers can offer businesses and consumers. Access live updates of the event, which begins at 6:00 pm PT. Curated highlights of the event will appear in the coming days.

Intel ranked tenth on Forbes' annual World's Most Reputable Companies list. The ranking, developed by the Reputation Institute, recognizes the 100 most highly regarded companies across 15 countries, evaluating consumer perspective on what drives trust and support and how companies are living up to their expectations. Intel has been included on the list since 2008.

Intel was named one of the world's best corporate citizens by Corporate Reputation Magazine (CR Magazine) in their annual 100 Best Corporate Citizens ranking. Intel moved up the list to number 7. The list ranks companies based on environment, climate change, employee relations, human rights, governance, finance and philanthropy. Check out Intel's Corporate Responsibility Report to learn more about Intel's efforts.

Today marks the 50th anniversary of Moore’s Law, an unspoken agreement between the electronics industry and the world economy that inspires engineers, inventors and entrepreneurs to think about what is possible. Moore’s Law enables much of today’s innovation - wearable technology, genomic sequencing, smart cities –and is helping industries tackle seemingly intractable problems and turning fantastic ideas into profitable business ventures. What will the next 50 years hold?

 

 

Moore's Law 50th Anniversary Interactive News Capsule

Mashery, an Intel Company, which provides API management technology and services, has been recognized as a “Leader” by Gartner in its 2015 Magic Quadrant report on Application Services Governance for the second time in a row. The report evaluated 15 vendors based on completeness of vision and ability to execute, and is available for download here.

Today Intel announced the completion of its purchase of Lantiq, a leading supplier of broadband access and home networking technologies. The acquisition will enable Intel to extend its success in cable home gateways into DSL and fiber markets, giving it expanded coverage of broadband access methods around the world. The teams have already begun developing innovative ways to use their combined IP to create new products to benefit customers.

Intel Corporation was recognized among the best employers for veterans and their families on Military Times Best for Vets: Employers 2015 list. The ranking evaluates key factors that make a company a good fit for military veterans and spouses, including recruitment, company policies and benefits, and culture. For more information about Intel's work with veterans, please visit the Careers for Military page.

News Highlights:

  • Flat revenue year-on-year: PC business down, offset by growth in data center, Internet of Things (IoT) and non-volatile memory businesses
  • Operating income of $2.6 billion, up 4 percent year-over-year
  • Data Center Group revenue of $3.7 billion, up 19 percent year-over-year; Internet of Things Group revenue of $533 million, up 11 percent year-over-year

 

SANTA CLARA, Calif., April 14, 2015 -- Intel Corporation today reported first-quarter revenue of $12.8 billion, operating income of $2.6 billion, net income of $2.0 billion and EPS of 41 cents. The company generated approximately $4.4 billion in cash from operations, paid dividends of $1.1 billion, and used $750 million to repurchase 21 million shares of stock.

 

"Year-over-year revenues were flat, with double-digit revenue growth in the data center, IoT and memory businesses offsetting lower than expected demand for business desktop PCs," said Intel CEO Brian Krzanich. "These results reinforce the importance of continuing to execute our growth strategy."

 

Q1 Key Business Unit Trends

  • Client Computing Group revenue of $7.4 billion, down 16 percent sequentially and down 8 percent year-over-year.
  • Data Center Group revenue of $3.7 billion, down 10 percent sequentially and up 19 percent year-over-year.
  • Internet of Things Group revenue of $533 million, down 10 percent sequentially and up 11 percent year-over-year.
  • Software and services operating segments revenue of $534 million, down 4 percent sequentially and down 3 percent year-over-year.

 

Financial Comparison
Quarterly Year-Over-Year
Q1 2015Q1 2014vs. Q1 2014
Revenue$12.8 billion$12.8 billionflat
Gross Margin60.5%59.6%up 0.9 point
R&D and MG&A$4.9 billion$4.9 billionup 1%
Operating Income$2.6 billion$2.5 billionup 4%
Tax Rate25.5%27.7%down 2.2 points
Net Income$2.0 billion$1.9 billionup 3%
Earnings Per Share41 cents38 centsup 8%

 

Financial Comparison
Quarterly Sequential
Q1 2015Q4 2014vs. Q4 2014
Revenue$12.8 billion$14.7 billiondown 13%
Gross Margin60.5%65.4%down 4.9 points
R&D and MG&A$4.9 billion$5.0 billiondown 2%
Operating Income$2.6 billion$4.5 billiondown 41%
Tax Rate25.5%21.4%up 4.1 points
Net Income$2.0 billion$3.7 billiondown 46%
Earnings Per Share41 cents74 centsdown 45%

 

Business Outlook

Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures, strategic investments and other significant transactions that may be completed after April 14.

 

Q2 2015

  • Revenue: $13.2 billion, plus or minus $500 million.
  • Gross margin percentage: 62 percent, plus or minus a couple of percentage points.
  • R&D plus MG&A spending: approximately $4.9 billion.
  • Restructuring charges: approximately $120 million.
  • Amortization of acquisition-related intangibles: approximately $60 million.
  • Impact of equity investments and interest and other: approximately $60 million net gain.
  • Depreciation: approximately $2.0 billion.
  • Tax rate: approximately 20 percent.

 

Full Year 2015

  • Revenue: approximately flat.
  • Gross margin percentage: 61 percent, plus or minus a couple of percentage points.
  • R&D plus MG&A spending: approximately $19.7 billion, plus or minus $400 million.
  • Amortization of acquisition-related intangibles: approximately $250 million.
  • Depreciation: $8.0 billion, plus or minus $100 million.
  • Tax rate: approximately 25 percent for the third and fourth quarters.
  • Full-year capital spending: $8.7 billion, plus or minus $500 million.

 

For additional information regarding Intel's results and Business Outlook, please see the CFO commentary at: www.intc.com/results.cfm.

 

Status of Business Outlook

Intel's Business Outlook is posted on intc.com and may be reiterated in public or private meetings with investors and others. The Business Outlook will be effective through the close of business on June 12 unless earlier updated; except that the Business Outlook for amortization of acquisition-related intangibles, impact of equity investments and interest and other, restructuring charges, and tax rate, will be effective only through the close of business on April 21. Intel's Quiet Period will start from the close of business on June 12 until publication of the company's second-quarter earnings release, scheduled for July 15. During the Quiet Period, all of the Business Outlook and other forward-looking statements disclosed in the company’s news releases and filings with the SEC should be considered as historical, speaking as of prior to the Quiet Period only and not subject to an update by the company.

 

Risk Factors

The above statements and any others in this release that refer to plans and expectations for the second quarter, the year and the future are forward-looking statements that involve a number of risks and uncertainties. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," "should" and their variations identify forward-looking statements. Statements that refer to  or are based on projections, uncertain events or assumptions also identify forward-looking statements.  Many factors could affect Intel's actual results, and variances from Intel's current expectations  regarding such factors could cause actual results to differ materially from those expressed in these  forward-looking statements. Intel presently considers the following to be important factors that could  cause actual results to differ materially from the company's expectations.

  • Demand for Intel's products is highly variable and could differ from expectations due to factors including changes in business and economic conditions; consumer confidence or income levels; the introduction, availability and market acceptance of Intel's products, products used together with Intel products and competitors' products; competitive and pricing pressures, including actions taken by competitors; supply constraints and other disruptions affecting customers; changes in customer order patterns including order cancellations; and changes in the level of inventory at customers.
  • Intel's gross margin percentage could vary significantly from expectations based on capacity utilization; variations in inventory valuation, including variations related to the timing of qualifying products for sale; changes in revenue levels; segment product mix; the timing and execution of the manufacturing ramp and associated costs; excess or obsolete inventory; changes in unit costs; defects or disruptions in the supply of materials or resources; and product manufacturing quality/yields. Variations in gross margin may also be caused by the timing of Intel product introductions and related expenses, including marketing expenses, and Intel's ability to respond quickly to technological developments and to introduce new products or incorporate new features into existing products, which may result in restructuring and asset impairment charges.
  • Intel's results could be affected by adverse economic, social, political and physical/infrastructure conditions in countries where Intel, its customers or its suppliers operate, including military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns and fluctuations in currency exchange rates. Results may also be affected by the formal or informal imposition by countries of new or revised export and/or import and doing-business regulations, which could be changed without prior notice.
  • Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term.
  • The amount, timing and execution of Intel's stock repurchase program could be affected by changes in Intel's priorities for the use of cash, such as operational spending, capital spending, acquisitions, and as a result of changes to Intel's cash flows or changes in tax laws.
  • Intel's expected tax rate is based on current tax law and current expected income and may be affected by the jurisdictions in which profits are determined to be earned and taxed; changes in the estimates of credits, benefits and deductions; the resolution of issues arising from tax audits with various tax authorities, including payment of interest and penalties; and the ability to realize deferred tax assets.
  • Gains or losses from equity securities and interest and other could vary from expectations depending on gains or losses on the sale, exchange, change in the fair value or impairments of debt and equity investments, interest rates, cash balances, and changes in fair value of derivative instruments.
  • Product defects or errata (deviations from published specifications) may adversely impact our expenses, revenues and reputation.
  • Intel's results could be affected by litigation or regulatory matters involving intellectual property, stockholder, consumer, antitrust, disclosure and other issues. An unfavorable ruling could include monetary damages or an injunction prohibiting Intel from manufacturing or selling one or more products, precluding particular business practices, impacting Intel's ability to design its products, or requiring other remedies such as compulsory licensing of intellectual property.
  • Intel's results may be affected by the timing of closing of acquisitions, divestitures and other significant transactions.

 

A detailed discussion of these and other factors that could affect Intel's results is included in Intel's SEC filings, including the company's most recent reports on Form 10-K and Form 10-Q.

 

Earnings Webcast

Intel will hold a public webcast at 2 p.m. PDT today on its Investor Relations website at www.intc.com. A webcast replay and MP3 download will also be available on the site.

 

Intel plans to report its earnings for the second quarter of 2015 on July 15. Immediately following the earnings report, the company plans to publish a commentary by Stacy J. Smith, Intel CFO and executive vice president, at www.intc.com/results.cfm. A public webcast of Intel's earnings conference call will follow at 2 p.m. PDT at www.intc.com.

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com, and about Intel’s conflict-free efforts at conflictfree.intel.com.

 

Intel, the Intel logo and Ultrabook are trademarks of Intel Corporation in the United States and other countries.

 

* Other names and brands may be claimed as the property of others.

April 19 marks the 50th anniversary of Moore’s Law: a simple observation that even Gordon Moore didn't realize for five decades would remain the competitive force that brings the benefits of technology to more people at ever lower costs. Millennials have become the stewards of Moore’s Law: continuously finding ways to shrink technology, make it more power efficient and rethink where – and in what situations – computing is possible and desirable. Perhaps the greatest impact is yet to come. Visit the Moore's Law 50th Anniversary press kit for more information.

 

Video

Intel Co-founder Gordon Moore: Thoughts on the 50th Anniversary of Moore’s Law

https://www.youtube.com/watch?v=ylgk3HEyZ_g

 

Today Intel announced the U.S. Department of Energy's (DOE) Argonne Leadership Computing Facility has awarded Intel Federal LLC, a wholly-owned subsidiary of Intel Corporation, a contract to deliver two next-generation supercomputers at Argonne National Laboratory. Designed and built in partnership with Cray Inc., the system, to be called Aurora, will be based on Intel's high performance computing (HPC) scalable system framework and Cray's next-generation "Shasta" supercomputer. Aurora will be delivered in 2018 and have a peak performance of 180 petaFLOPS, making it the largest system currently procured worldwide. This contract is part of the DOE's initiative to build state-of-the-art supercomputers at Argonne, Lawrence Livermore and Oak Ridge National Laboratories that will help advance U.S. leadership in scientific research and position it at the forefront of next generation exascale computing for years to come. Review this interactive photo capsule for more information.

 

Interactive Photo Capsule

Intel Security has played a leading role in Operation Source, a law enforcement action in coordination with Europol, Dutch police, the U.S. FBI and others to take down a “polymorphic” botnet responsible for infecting tens of thousands of victim systems, with 5 million unique malware strains, across more than 195 countries. Intel’s McAfee Labs identified Beebone in March 2014 and developed an automated monitoring system to identify and mimic communications between the botnet and its hosts. Operation Source leveraged Intel’s resulting intelligence to enable law enforcement, ISP, and CERT partners to seize the botnet’s domains and shut down its operations. Additionally, Intel Security has released a free tool to allow IT administrators and individual users to clean and restore computers infected by Beebone.

180 Petaflops System Based on Intel's HPC Scalable System Framework to Advance Scientific Research and Discovery

 

Aurora-Aerial-Reflection-Floor_bw.jpg

Intel Selected by U.S. Department of Energy to Deliver Nation's Most Powerful Supercomputer

SANTA CLARA, Calif., April 9, 2015 – Intel Corporation today announced that the U.S. Department of Energy's (DOE) Argonne Leadership Computing Facility (ALCF) has awarded Intel Federal LLC, a wholly-owned subsidiary of Intel Corporation, a contract to deliver two next-generation supercomputers to Argonne National Laboratory.

 

The contract is part of the DOE's multimillion dollar initiative to build state-of-the-art supercomputers at Argonne, Lawrence Livermore and Oak Ridge National Laboratories that will be five to seven times more powerful than today's top supercomputers. The joint Collaboration of Oak Ridge, Argonne and Lawrence Livermore (CORAL) will help to advance U.S. leadership in scientific research and maintain its position at the forefront of next-generation exascale computing for years to come.

 

Intel was selected as the prime contractor and will work with Cray Inc. as the system integrator and manufacturer of these next-generation high-performance computing (HPC) systems for the ALCF. The largest system, to be called Aurora, is based on Intel's HPC scalable system framework and will be a next-generation Cray "Shasta" supercomputer. The Aurora system will be delivered in 2018 and have a peak performance of 180 petaflops, making it the world's most powerful system currently announced to date.

 

A second system, to be named Theta, will serve as an early production system for the ALCF. To be delivered in the 2016, the system will provide performance of 8.5 petaflops while requiring only 1.7 megawatts of power.

 

"The selection of Intel to deliver the Aurora supercomputer is validation of our unique position to lead a new era in HPC," said Raj Hazra, vice president, Data Center Group and general manager, Technical Computing Group at Intel. "Intel's HPC scalable system framework enables balanced, scalable and efficient systems while extending the ecosystem's decades of software investment to future generations. We look forward to the numerous scientific discoveries and the far-reaching impacts on society that Aurora will enable."

 

News Facts

  • Intel selected as prime contractor to deliver 180 petaflops supercomputer at the ALCF, marking the first time in nearly two decades that Intel is taking the prime contractor role in the delivery of a supercomputer.1
  • The Aurora system will be 18 times more powerful than its predecessor, Mira, while utilizing only 2.7 times the energy usage.2
  • Research goals for the Aurora system include: more powerful, efficient and durable batteries and solar panels; improved biofuels and more effective disease control; improving transportation systems and enabling production of more highly efficient and quieter engines; and wind turbine design and placement for improved efficiency and reduced noise.
  • Contracts valued at more than $200 million are in addition to the recent selections of Intel architecture for the DOE's next-generation Trinity and Cori  supercomputers.
  • Aurora will be based on Intel's scalable system framework combining multiple Intel HPC building blocks, including future generations of Intel® Xeon Phi™ processors and the Intel® Omni-Path Fabric high-speed interconnect technology, a new non-volatile memory architecture and advanced file system storage using Intel® Lustre* software.
  • The Theta system will be powered by Intel® Xeon® processors and next-generation Intel Xeon Phi processors, code-named Knights Landing, and will be based on the next-generation Cray XC supercomputer.

 

Intel's HPC Scalable System Framework
The Aurora supercomputer represents a new architectural direction based on Intel's HPC scalable system framework. The framework is a flexible blueprint for developing high-performance, balanced, power-efficient and reliable systems capable of supporting both compute- and data-intensive workloads. The framework combines next-generation Intel Xeon and Xeon Phi processors, Intel Omni-Path Fabric, innovative memory technologies, Intel® Silicon Photonics Technology and the Intel Lustre parallel file system – with the ability to efficiently integrate these components into a broad spectrum of HPC system solutions. The framework also provides a ubiquitous and standards-based programming model, extending the ecosystem's current investments in existing code for future generations.

 

Supporting Quotes

  • "Argonne's decision to utilize Intel's HPC scalable system framework stems from the fact it is designed to deliver a well-balanced and adaptable system capable of supporting both compute-intensive and data-intensive workloads," said Rick Stevens, associate laboratory director for Argonne National Laboratory. "We look forward to collaborating with both Intel and Cray on this important project that will be critically important to U.S. high-performance computing efforts for years to come."
  • "The Aurora system will be one of the most advanced supercomputers ever built, and Cray is honored and proud to be collaborating with two great partners in Intel and Argonne National Lab," said Peter Ungaro, president and CEO of Cray. "The combination of Cray's vast experience in building some of the world's largest and most productive supercomputers, combined with Intel's cutting-edge technologies will provide the ALCF with a leadership-class system that will be ready for advancing scientific discovery from day one."

 

Supporting Resources

 

Interactive Photo Capsule

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world's computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world's first commercially available "conflict-free" microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel's conflict-free efforts at conflictfree.intel.com.

 

Intel, the Intel logo, Xeon and Intel Xeon Phi, Omni-Path Fabric and Silicon Photonics are trademarks of Intel Corporation in the United States and other countries.

 

*Other names and brands may be claimed as the property of others.

 

Results have been estimated or simulated using internal Intel analysis or architecture simulation or modeling, and provided to you for informational purposes. Any differences in your system hardware, software or configuration may affect your actual performance.

 

1 ASCI Red at the Sandia National Laboratory

 

2 The ALCF's current Mira system delivers a peak performance of 10 petaflops and a peak power consumption of 4.8 megawatts. The Aurora system will have a peak performance of 180 petaflops and a peak power consumption of 13 megawatts.

08140019_blackburn_eagles_peak78169.jpg

Today Dell unveiled the Dell Venue 10 7000, a premium Android tablet powered by a quad-core Intel® Atom™ Z3580 processor. The razor-thin device features a detachable, magnetic keyboard to enable enhanced productivity and can be used in five different configurations: tablet, slate, stand, tent and clamshell modes. Ideal for both work and play, the Venue 10 7000 also boasts the Intel® RealSense™ snapshot depth camera and the Dell Gallery application. Dell also announced the availability of the Venue 10 (5050) for Education and an update to Android 5.0 Lollipop on its award-winning Venue 8 7000. The Venue 10 7000 starts at USD $499.00 and will be available on Dell.com in the United States, Canada and China starting May, 2015.

MICA, My Intelligent Communication Accessory, the smart luxury accessory designed by Opening Ceremony and engineered by Intel, will now deliver horoscopes, styling tricks, trend reports and industry news from popular lifestyle site Refinery29 directly to the wrist so style-obsessed fashionistas can prepare for the week ahead. The new R29 Fashion and Horoscopes features for MICA provide wearers with a fun and unique look at what their future has in store while empowering them with fashion tips to start the week off right. The Refinery29-powered features are free and part of the MICA experience and will be updated every Monday. MICA wearers can download the new features by manually updating the device. Current MICA customers can download the new features by manually updating the device by going to SETTINGS>I> UPDATE YOUR MICA.

 

R29_Fashion_1.jpg

R29 Fashion menu

R29_horoscopes_2.jpg

R29 Horoscopes menu

Intel® Software is simplifying new product development with the launch of Intel® Firmware Engine, a free graphical tool which helps Intel customers quickly create system firmware for tablets, IoT and embedded devices. Intel Firmware Engine makes use of a new binary-only approach to accelerate the creation of firmware, the basic software needed to initialize platform hardware and launch operating systems such as Microsoft Windows*, Android* and Linux*. Announced today by Doug Fisher, senior vice president and general manager of Intel’s Software and Services Group at the Intel Developer Forum in Shenzhen, China, Intel Firmware Engine supports multiple products based on the Intel® Atom™ and Intel® Quark™ processors. For more information, please read this blog by Intel Software and watch this product overview video.

Filter News Archive

By author:
By date:
By tag: