What Intel does
Intel is a U.S.-based semiconductor and computing company that develops and manufactures microprocessors and platform silicon, while also selling specialized AI infrastructure components (notably Intel Gaudi AI accelerators), networking silicon, and foundry/packaging services. In the AI era, Intel’s strategy emphasizes an end-to-end “compute-to-connect” stack: CPU platforms (including Intel Xeon processors), AI accelerators (Intel Gaudi), software and developer enablement for those devices, and advanced packaging/production capacity via Intel Foundry.
For AI hardware specifically, Intel positions Gaudi as purpose-built AI accelerators for training and inference workloads, backed by the Habana software stack and broader platform integration (CPU + networking + accelerator). Intel also markets “Intel Foundry” as a full-stack chip design, manufacturing, and advanced packaging capability, with an emphasis on domestic capacity and advanced packaging technologies intended to scale multi-chip systems for AI. In parallel, Intel continues to offer systems and data-center platforms (including rack- and datacenter-oriented CPU and networking components) and describes these as the basis for scaling AI infrastructure from edge to cloud.
Business model-wise, Intel earns primarily from the sale of semiconductor products (client, data center, networking, and AI accelerators), plus foundry services and related manufacturing/packaging engagements through Intel Foundry. It also runs Intel Capital as an investment arm, though the most material “capital events” in the recent period are Intel’s capital markets activity (common stock offerings) and U.S. government-linked CHIPS Act / Secure Enclave funding arrangements that include equity components.
As of August 23, 2026, Intel is actively raising capital (including a priced upsized public offering reported in mid-August 2026) and continuing to publicize recent progress across its client AI PC platforms (e.g., Core Ultra Series 3 built on Intel 18A), data-center platform components (e.g., Xeon 6+ and Ethernet E835 networking), and Intel Foundry milestones tied to advanced packaging and secure, domestic manufacturing programs.