Intel Corporation to Host Investor Webinar on New Segment Reporting
March 06 2024 - 12:55PM
Business Wire
CEO Pat Gelsinger and CFO David Zinsner will
discuss the Intel’s transition to its internal foundry reporting
structure.
Intel Corporation today announced that it will hold an investor
webinar at 1:30 p.m. PDT on April 2, 2024, to present the vision
and financial framework for the Intel Foundry business, including
the recast financials and new segment reporting structure aligned
with its transition to an internal foundry model. Pat Gelsinger,
Intel’s chief executive officer, and David Zinsner, executive vice
president and chief financial officer, will present at the
session.
The webinar will discuss the longer-term vision for the foundry
business and the importance of establishing a foundry-like
relationship between Intel Foundry, Intel's manufacturing
organization, and Intel Products, its product business units, to
drive greater transparency and accountability.
Intel’s systems foundry approach is designed for the AI era,
offering full-stack optimization from the factory network to
software. Intel Foundry and its ecosystem enable customers to
innovate across the entire system, giving them everything they need
to engineer and deliver solutions for the most demanding
applications.
The company intends to file an 8-K with a recast of its
historical financials into the new reporting structure prior to the
investor webinar. Intel will report its results in the new
reporting structure beginning with its first-quarter 2024
results.
A live webcast will be publicly accessible on Intel's Investor
Relations website at intc.com. Associated materials and a webcast
replay will also be available on the site.
About Intel
Intel (Nasdaq: INTC) is an industry leader, creating
world-changing technology that enables global progress and enriches
lives. Inspired by Moore’s Law, we continuously work to advance the
design and manufacturing of semiconductors to help address our
customers’ greatest challenges. By embedding intelligence in the
cloud, network, edge and every kind of computing device, we unleash
the potential of data to transform business and society for the
better. To learn more about Intel’s innovations, go to
newsroom.intel.com and intel.com.
© Intel Corporation. Intel, the Intel logo and other Intel marks
are trademarks of Intel Corporation or its subsidiaries. Other
names and brands may be claimed as the property of others.
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Kylie Altman Investor Relations 1-916-356-0320
kylie.altman@intel.com
Sophie Won Media Relations 1-408-653-0475
sophie.won@intel.com
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