Intel's Q4 2023 13F: $88.4M in ARM, $206.7M in Joby Aviation

TL;DR

**Intel's Q4 13F shows big bets on ARM and Joby Aviation, signaling strategic tech plays.**

AI Summary

Intel Corp's 13F-HR filing for the period ending December 31, 2023, reveals significant holdings in several companies, including 1,176,470 shares of ARM Holdings Plc Sponsored ADR valued at $88,405,838, and a substantial 31,090,642 shares of Joby Aviation Inc. Common stock (combining two defensive positions) valued at $206,752,769. This matters to Intel shareholders because these investments indicate Intel's strategic interests and potential future collaborations or divestitures in key technology sectors like semiconductors and advanced mobility, which could impact Intel's long-term growth and financial performance.

Why It Matters

Intel's investment portfolio provides insight into its strategic priorities and potential future growth areas, directly impacting its financial health and competitive positioning.

Risk Assessment

Risk Level: medium — The risk level is medium because while these investments offer potential upside, they also expose Intel to the volatility and performance of these specific companies.

Analyst Insight

Investors should monitor the performance of ARM Holdings and Joby Aviation, as Intel's substantial investments in these companies could signal strategic partnerships or future divestitures that impact Intel's core business and stock value.

Key Numbers

• $88,405,838 — Value of ARM Holdings Plc Sponsored ADR (Represents Intel's significant investment in the semiconductor design company.)
• 1,176,470 — Shares of ARM Holdings Plc Sponsored ADR (The number of shares Intel holds in ARM, indicating a substantial stake.)
• $206,752,769 — Combined value of Joby Aviation Inc. Common (Highlights Intel's substantial financial commitment to the advanced air mobility sector.)
• 31,090,642 — Combined shares of Joby Aviation Inc. Common (The total number of shares Intel holds in Joby Aviation, showing a large position.)
• 20231231 — Conformed Period of Report (The date for which the investment holdings are reported, providing a snapshot of Intel's portfolio at year-end.)

Key Players & Entities

• INTEL CORP (company) — the filer of the 13F-HR report
• ARM Holdings Plc Sponsored ADR (company) — a significant holding in Intel's portfolio, with 1,176,470 shares
• Joby Aviation Inc. (company) — another substantial holding, with a combined 31,090,642 shares across two defensive positions
• Patrick Bombach (person) — Assistant Corporate Secretary who signed the filing
• $88,405,838 (dollar_amount) — value of Intel's ARM Holdings Plc Sponsored ADR shares
• $206,752,769 (dollar_amount) — combined value of Intel's Joby Aviation Inc. Common shares

Forward-Looking Statements

• Intel may increase its stake in companies related to advanced air mobility or semiconductors, given its current significant holdings. (INTEL CORP) — medium confidence, target: 2024-12-31
• The performance of ARM Holdings and Joby Aviation will likely influence Intel's future investment strategy in these sectors. (INTEL CORP) — high confidence, target: 2024-12-31

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 3KB
• information_table.html (INFORMATION TABLE)
• information_table.xml (INFORMATION TABLE) — 4KB
• 0000050863-24-000027.txt ( ) — 7KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: INTEL CORP Address: 2200 MISSION COLLEGE BLVD RNB-4-151 SANTA CLARA , CA   95054 Form 13F File Number: 028-04527 CRD Number (if applicable): 000-06217 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Patrick Bombach Title: Assistant Corporate Secretary Phone: 408-765-8080 Signature, Place, and Date of Signing: /s/ Patrick Bombach Santa Clara ,  CA 02-08-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 8 Form 13F Information Table Value Total: 302,395,961 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK 1 Intel Capital Corporation 028-06331       2 Middlefield Ventures, Inc. 028-14935

View Full Filing

View this 13F-HR filing on SEC EDGAR