Intel Official News and Information

Intel Allocates $6 Million for Coronavirus Relief, Builds on Previous Efforts

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The $6 million in additional donations by Intel will support coronavirus relief efforts in areas – like Washington County, Oregon – where the company has significant operations. (Credit: Intel Corporation)

What’s New: The Intel Foundation will provide $4 million to support coronavirus relief efforts in communities where the company has significant presence. The foundation will also offer a special match opportunity for every regular full-time and part-time employee and U.S. retiree to a total of $2 million for relief efforts around major Intel sites.

The Intel Foundation is committed to improving lives around the world and supporting communities during global crises and natural disasters.

Who It Helps: The $4 million donation will be distributed to community foundations and organizations that are focused on food security, shelter, medical equipment and small-business support.

For the matching donations, Intel has identified strategic organizations unique to each major Intel site. Beneficiaries include food banks, school districts and children’s hospitals
– all groups focused on helping local communities manage the impact of the coronavirus pandemic.

Donation areas in the U.S. include Arizona, California, Massachusetts, New Mexico, Oregon and Texas. Internationally, donation areas include Costa Rica, India, Ireland, Israel, Malaysia, Mexico and Vietnam.

How Matching Donations Work: Donations from employees and U.S. retirees will be matched from March 26 to April 10, or until a total of $2 million is reached.

More Context: These efforts build on previously announced support including a donation of 1 million gloves, masks and other equipment to healthcare workers and a $1 million International Red Cross donation Intel committed to in January. Additionally, Intel is applying technology and expertise to help better understand and combat the virus. For example, Intel NUCs are helping in the coronavirus fight, and Intel and Lenovo have teamed up with Beijing-based BGI Genomics to accelerate the analysis of genomic characteristics of COVID-19.

Even More Context: Intel Coronavirus News

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

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