What is Intel’s net worth? How does Intel make its money? Below is the current net worth of Intel and how Intel makes its money.
What Is Intel’s Net Worth?
Intel Corporation is an American technology company and global firm that has a net worth of $240 billion. It has its headquarters in Santa Clara, California, and through its revenue, it is often recognized as the world’s biggest producer of semiconductor chips.
Intel was established on July 18, 1968, by founders Gordon Moore, a chemist, and a physicist, Robert Noyce who also partly created the integrated circuit. An investor and capitalist, Arthur Rock assisted them in bringing investors, and also served as chairman of the board of the company. A chemical engineer, Max Palevsky, was the third employee at Intel.
The first investment in Intel was worth $2.5 million and Rock also invested $10,000. The company first went public in 1970, and $6.8 million was raised from the IPO. The company was initially known as NM Electronics or MN Electronics at the time of its establishment but later that month, it was renamed Integrated Electronics (short form- Intel).
Intel was known for making logic circuits using semiconductor devices. At its establishment, the aim was to produce semiconductor memory devices to replace magnetic-core memory. Its first invention was the static random-access memory (SRAM) chip in 1969. It then went on to produce the Dynamic random-access memory chip in 1970. Intel created the first microprocessor, the Intel 4004 in 1971, which served as the basis of personal computers. In 1973, it produced its first set of microcomputers.
Between 1980 to 1990, Intel served as one of the largest suppliers of microprocessors to the PC industry.
From the early 2000s, Intel faced competition from AMD and its prominence in its core market dropped significantly. However, during this same period, Intel produced its x86 processors which were constantly purchased by Apple for its Macintosh computers. This partnership with Apple was a boost to Intel. Also, Intel had made an attempt at entering the Smartphone market but later scraped this idea.
Intel has witnessed many lawsuits by and against them. One of them was owning intellectual property rights to the microprocessor circuit layouts, which was resolved in 1984 through the Semiconductor Chip Protection Act. Another lawsuit in 1991 was based on antitrust allegations against Intel.
Intel provides microprocessors for computer system manufacturers including Lenovo, HP, Dell, and Acer. Other Intel products include flash memory, embedded processors, graphics chips, motherboard chipsets, network interface controllers and integrated circuits, and other computing gadgets.
Some intel subsidiaries include:
- Intel Israel
- Wind River Systems
- Intel Capital
- Intel Ireland
- eASIC Corporation
- Rivet Networks LLC.
- Habana Labs Ltd.
- Barefoot Networks
- Intel Foundation
Here on Networthforum, we calculate all net worths using data drawn from public sources. Most times, we incorporate tips and feedback received from the individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of Intel. So feel free to check back for the current Intel net worth in case of any update on its net worth.