Intel Corp Files 8-K Report

TL;DR

INTC filed an 8-K, standard reporting, no major news.

AI Summary

On May 8, 2024, Intel Corporation filed an 8-K report to disclose information under Regulation FD. The filing does not contain specific financial figures or material events beyond the standard reporting requirements for the date.

Why It Matters

This filing indicates Intel Corporation is adhering to its reporting obligations with the SEC, providing transparency to investors.

Risk Assessment

Risk Level: low — The filing is a routine disclosure and does not contain information that would immediately impact the company's risk profile.

Key Players & Entities

• INTEL CORP (company) — Registrant
• 0000050863-24-000086 (filing_id) — Accession Number
• May 8, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 2200 Mission College Boulevard, Santa Clara, California 95054-1549 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common stock, $0.001 par value INTC Nasdaq Global Select Mar
• $12.5 billion — 2024 to remain in the original range of $12.5 billion to $13.5 billion, but below the midpoin
• $13.5 b — the original range of $12.5 billion to $13.5 billion, but below the midpoint. For full

Filing Documents

• intc-20240508.htm (8-K) — 34KB
• intc-20240508_g1.jpg (GRAPHIC) — 5KB
• 0000050863-24-000086.txt ( ) — 170KB
• intc-20240508.xsd (EX-101.SCH) — 2KB
• intc-20240508_lab.xml (EX-101.LAB) — 21KB
• intc-20240508_pre.xml (EX-101.PRE) — 12KB
• intc-20240508_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On May 7, 2024, the U.S. Department of Commerce informed Intel Corporation (the "Company") that it was revoking certain licenses for exports of consumer-related items to a customer in China, effective immediately. As a result, the Company expects revenue for the second quarter of 2024 to remain in the original range of $12.5 billion to $13.5 billion, but below the midpoint. For full year 2024, the Company continues to expect revenue and earnings per share to grow year-over-year compared to 2023. The information in this Item 7.01 of this report is furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.

Forward-Looking Statements

Forward-Looking Statements This report contains forward-looking statements regarding the Company's revenue and earnings per share expectations that involve a number of risks and uncertainties. Such statements involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied, including those associated with: the high level of competition and rapid technological change in our industry; the significant long-term and inherently risky investments we are making in R&D and manufacturing facilities that may not realize a favorable return; the complexities and uncertainties in developing and implementing new semiconductor products and manufacturing process technologies; our ability to time and scale our capital investments appropriately and successfully secure favorable alternative financing arrangements and government grants; implementing new business strategies and investing in new businesses and technologies; changes in demand for our products; macroeconomic conditions and geopolitical tensions and conflicts, including geopolitical and trade tensions between the US and China, the impacts of Russia's war on Ukraine, tensions and conflict affecting Israel and the Middle East, and rising tensions between mainland China and Taiwan; the evolving market for products with AI capabilities; our complex global supply chain, including from disruptions, delays, trade tensions and conflicts, or shortages; product defects, errata and other product issues, particularly as we develop next-generation products and implement next-generation manufacturing process technologies; potential security vulnerabilities in our products; increasing and evolving cybersecurity threats and privacy risks; IP risks including related litigation and regulatory proceedings; the need to attract, retain, and motivate key talent; strategic transactions and investments; sales-related risks, including customer concentration and the use o

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTEL CORPORATION (Registrant) Date: May 8, 2024 By: /s/ April Miller Boise April Miller Boise Executive Vice President and Chief Legal Officer

View Full Filing

View this 8-K filing on SEC EDGAR