Intel is an IT market leader, which makes Intel’s net worth in 2023 a common topic of discussion in IT and investor circles. It’s an American multinational company that makes semiconductor chips for the IT industry. This IT giant is headquartered in Santa Clara, California, United States, and is a household name worldwide.
Understanding the net value of a company is vital if you’re thinking about investing in it. Therefore, potential investors and current Intel shareholders keep a keen eye on Intel in 2023. The value of its shares influences the Company’s net worth, and it changes as the stock market ebbs and flows. As of March 2023, however, its net worth is $193 billion.
What is Intel?
The history of Intel is quite interesting. While most people know about its microprocessors today, it took decades for those processors to become what they are today. Many companies had played with small processors before, but none were as successful as Intel would become.
The Company was founded by Gordon Moore and Robert Noyce in 1968. Ever since Intel has been through many ups and downs throughout its history. But has grown tremendously to become a household name today.
The Company’s growth can be attributed to its leadership which has always been proactive to changes in the market. And it remains ahead of the competition by continually adopting new technologies that it sees as lucrative or worth investing in.
A good example is the introduction of the Pentium microprocessor, which gained Intel a considerable market share in personal computers.
In 1971, Intel shipped the first microprocessor named the 4004. Since then, Intel has never looked back and has become a leader in almost every segment of microprocessors it manufactures.
What is Intel’s Net Worth in 2023?
If you have a computer and are reading this, the processor running your computer is probably made by Intel. It means that Intel has reached you in some way.
Intel is the world’s largest manufacturer of semiconductor chips. Since May 1971, Intel has been listed on the NASDAQ stock exchange. And the Company was incorporated on July 18, 1968.
The Company’s first product was a bipolar module of 64 bits that was not a processor. But they struggled to sell the product. Today, this IT leader earns billion every year. In fact, this is a company that made about $79 billion in revenue in 2021 with a net income of $20 billion.
In the first quarter of 2023, its net worth stands at $193 billion as a pioneer in the IT industry.
With 139,000 employees worldwide, Intel is one of the world’s largest employers. The Company is widely recognized as one of the most sought-after employers worldwide. It has designed & developed many IT products which almost everyone uses today.
The Company has proven itself as a leader in the field of technology. And it’s continuously producing innovations, devices, and designs every year. As such, buying shares in Intel could prove to be a lucrative investment.
Interested in finding out the net worth of other businesses? Check out all of our net worth articles.