We appreciate you taking time away from your busy schedule to learn more about our company, technologies and strategies. We promise to deliver a wealth of information. To that end, attached are links to a number of technology-related reading materials that you may wish to print out for reference.
These materials contain forward-looking statements that involve a number of risks and uncertainties. Many factors could affect Intel's actual results, and variances from Intel's current expectations regarding such factors could cause actual results to differ materially from those expressed in these forward-looking statements. Intel presently considers the factors set forth below in the section titled "Risk Factors" to be the important factors that could cause actual results to differ materially from the corporation's published expectations.
Suggested Background Reading Materials
Establishing a Conflict-Free Supply Chain
"Conflict Free" Supply Chain in Democratic Republic of Congo
Intel - Sponsors of Tomorrow
Web 2.0 Summit: A Conversation with Intel CEO Paul Otellini
Intel Processor History, 45nm Hi-K Glossary, 45nm & 32nm Architecture
Intel Processor History (PDF 1.5MB)
Intel High-K metal gate glossary (PDF 42KB)
45nm-core2 whitepaper (PDF 136KB)
Intel 32nm Overview (PDF 126KB)
Solid-State Drives (SSDs)
Solid-State Drive Info Center
Tick Tock cadence-paper (PDF 109KB)
Intel® vPro™ Technology
All New 2010 Core™ VPro™ (PDF 1.8MB)
Intel® Centrino® 2 with vPro™ Technology and Intel® Core™2 Processor with vPro™ Technology (PDF 2.2MB)
EDS ROI Case Study Delphi (PDF 560KB)
Mobile Internet Devices
Mobile Internet Devices (MIDs)
Intel Consumer Electronics
Widget Channel Brief (PDF 2.5MB)
Enterprise Compute Models - Including Virtualization
The Digital Office Streaming Client WP (PDF 1.0MB)
Quadcore for Enterprise Computing (PDF 637KB)
Step towards low-energy, lightning performance in financial services
Intel Ranks #1 in Semiconductor Patents
Product & Code Name Reference Guide
The above statements and any others in this document that refer to plans and expectations for the fourth quarter, the year and the future are forward-looking statements that involve a number of risks and uncertainties. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should” and their variations identify forward-looking statements. Statements that refer to or are based on projections, uncertain events or assumptions also identify forward-looking statements. Many factors could affect Intel's actual results, and variances from Intel's current expectations regarding such factors could cause actual results to differ materially from those expressed in these forward-looking statements. Intel presently considers the following to be important factors that could cause actual results to differ materially from the company's expectations.
- Demand for Intel's products is highly variable. Demand could be different from Intel's expectations due to factors including changes in business and economic conditions; consumer confidence or income levels; customer acceptance of Intel's and competitors' products; competitive and pricing pressures, including actions taken by competitors; supply constraints and other disruptions affecting customers; changes in customer order patterns including order cancellations; and changes in the level of inventory at customers.
- Intel's gross margin percentage could vary significantly from expectations based on capacity utilization; variations in inventory valuation, including variations related to the timing of qualifying products for sale; changes in revenue levels; segment product mix; the timing and execution of the manufacturing ramp and associated costs; excess or obsolete inventory; changes in unit costs; defects or disruptions in the supply of materials or resources; and product manufacturing quality/yields. Variations in gross margin may also be caused by the timing of Intel product introductions and related expenses, including marketing expenses, and Intel's ability to respond quickly to technological developments and to introduce new products or incorporate new features into existing products, which may result in restructuring and asset impairment charges.
- Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term.
- The amount, timing and execution of Intel's stock buyback program could be affected by changes in Intel's priorities for the use of cash, such as operational spending, capital spending, acquisitions, and because of changes to Intel's cash flows and changes in tax laws.
- The tax rate expectation is based on current tax law and current expected income. The tax rate may be affected by the jurisdictions in which profits are determined to be earned and taxed; changes in the estimates of credits, benefits and deductions; the resolution of issues arising from tax audits with various tax authorities, including payment of interest and penalties; and the ability to realize deferred tax assets.
- Gains or losses from equity securities and interest and other could vary from expectations depending on gains or losses on the sale, exchange, change in the fair value or impairments of debt and equity investments; interest rates; cash balances; and changes in fair value of derivative instruments.
- Intel's results could be affected by adverse economic, social, political and physical/infrastructure conditions in countries where Intel, its customers or its suppliers operate, including military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns and fluctuations in currency exchange rates.
- Intel's results could be affected by the timing of closing of acquisitions, divestitures and other significant transactions.
- Intel's results could be affected by adverse effects associated with product defects and errata (deviations from published specifications), and by litigation or regulatory matters involving intellectual property, stockholder, consumer, antitrust, disclosure and other issues. An unfavorable ruling could include monetary damages or an injunction prohibiting Intel from manufacturing or selling one or more products, precluding particular business practices, impacting Intel's ability to design its products, or requiring other remedies such as compulsory licensing of intellectual property.
A detailed discussion of these and other factors that could affect Intel's results is included in Intel's SEC filings, including the company's most recent reports on Form 10-K and Form 10-Q.