Intel Corporation (INTC), explained in plain English

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Intel Corporation

(INTC ↗)

intel.com ↗

The 57-year-old chip giant betting its future on a new manufacturing business — with the US government, Nvidia, and SoftBank now as shareholders. Lost money. Cut the dividend. New CEO. *Trying to come back.*

Updated · Q1 FY26 · April 2026

Chapters

~21

Min read

$53B / yr revenue · ~96K employees · public since 1971

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Spice: Serrano (4/5)

More filled = spicier (more aggressive), not "better." Tap a row to see what it means.

What is spice?

Your progress

0 of 6

Growth

~4 min

Flat on the Surface

Revenue barely moved. Inside it, half the business is *losing share to AMD* and the other half is *trying to catch Nvidia.*

Intel paid a dividend for *32 years.* In 2024 they cut it to zero. In 2025 they paid *nothing.*

For *30 years* Intel had two moats. *x86* and *leading-edge manufacturing.* Both have been chipped at.

*Lip-Bu Tan* took over in March 2025. He's 66. He has *one* chance to make the foundry bet work.

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Behind the Numbers

~2 min

The Story Behind the Numbers

Flat revenue, a suspended dividend, and a new shareholder: the U.S. government.

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Risk

~4 min

What Could Break the Brief

*Stock down 15% over 5 years* while the market doubled. The foundry might not work. The competition isn't slowing down.

↻ Next update · Jul 30

est. Jul 30, 2026 · Q2 FY26 · Intel IR ↗

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You're reading the 6 opening chapters. After that, every time Intel files a new report, the chapters get updated here.