This release contains forward-looking statements that involve a number of risks and uncertainties. Words such as "accelerate", "achieve", "aim", "ambitions", "anticipate", "believe", "committed", "continue", "could", "designed", "estimate", "expect", "forecast", "future", "goals", "grow", "guidance", "intend", "likely", "may", "might", "milestones", "next generation", "objective", "on track", "opportunity", "outlook", "pending", "plan", "position", "possible", "potential", "predict", "progress", "ramp", "roadmap", "seek", "should", "strive", "targets", "to be", "upcoming", "will", "would", and variations of such words and similar expressions are intended to identify such forward-looking statements, which may include statements regarding:
- Our Intel® Core™ Ultra processors series 3 (code-named Panther Lake) and Intel® Xeon® 6+ processors (code-named Clearwater Forest), including expected timing, industry adoption and applicability, architecture, specifications, power usage, efficiency, performance, and capabilities; and
- Our Intel 18A process node and high-volume production of such node at Arizona Fab 52, including expected timing, performance-per-watt, chip density, energy efficiency, process leadership, usage for future client and server products, and domestic manufacturing investments.
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 U.S. 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 supporting our manufacturing facilities and incorporating external foundries, including from disruptions, delays, trade tensions and conflicts, or shortages;
- Recently elevated geopolitical tensions, volatility and uncertainty with respect to international trade policies, including tariffs and export controls, impacting our business, the markets in which we compete and the world economy;
- 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 of distributors and other third parties;
- Our significantly reduced return of capital in recent years;
- Our debt obligations and our ability to access sources of capital;
- Complex and evolving laws and regulations across many jurisdictions;
- Fluctuations in currency exchange rates;
- Changes in our effective tax rate;
- Catastrophic events;
- Environmental, health, safety, and product regulations;
- Our initiatives and new legal requirements with respect to corporate responsibility matters; and
- Other risks and uncertainties described in this release, our 2024 Form 10-K, our Q1 2025 Form 10-Q, our Q2 2025 Form 10-Q, and our other filings with the SEC.
Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business.
The forward-looking statements in this release are based on management's expectations as of the date of this release, unless an earlier date is specified, including expectations based on third-party information and projections that management believes to be reputable. We do not undertake, and expressly disclaim any duty, to update such statements, whether as a result of new information, new developments, or otherwise, except to the extent that disclosure may be required by law.