Investment Thesis Map
We mined Intel's acquisitions, investments, and partnerships to discern the company's strategic priorities.
Intel is the second-largest semiconductor firm in the world, with $79B in revenue, 121K employees worldwide, and 15 fabs (semiconductor production facilities) across 10 countries.
The company is currently undergoing a multiyear strategic shift to become the largest semiconductor firm once again by 2025, after Samsung Electronics bumped it down to second place in 2021. In addition to doubling down on investments in advanced technologies to expand into emerging sectors, it’s starting a foundry service (where it produces chips designed by other companies) and working more closely with equipment manufacturers like ASML.
Notably, the company is investing heavily in its internal capabilities. It has earmarked nearly $240B for tech development, with a focus on building and upgrading fabs abroad and in the US, including 2 new factories in Ohio and Arizona.
Using CB Insights data, we uncovered 5 of Intel’s most important strategic priorities highlighted by its recent acquisitions, investments, and partnerships. We then categorized companies by their business relationships with Intel across these priorities.
- Artificial intelligence
- Autonomous driving
- Cloud computing & connectivity
- Cybersecurity
- Semiconductors
