Exhibit 99.1
|
investor meeting
2015 SANTA CLARA
|
investor meeting
2015 SANTA CLARA
Brian Krzanich
Chief Executive Officer
|
agenda
2015 Results
Intel’s Corporate Strategy Intel’s Foundation Intel’s Growth Engines Investing for the Future Summary & Intel’s Commitment
3 |
|
|
agenda
2015 Results
4 |
|
|
Leadership Moving Forward
Relentless pursuit of Moore’s Law
Develop products that enable the best computing experience
Market driven view of our industry
Open foundry to any company able to utilize our leading edge Silicon
Create Platforms for Enterprise, not just Silicon
Drive focus on bringing innovation to market quickly
Continue growth in the Data Center
If it is smart and connected, it is best with Intel
Investor Meeting 2014
5 |
|
|
2015 Financial Results*
Full Year Full Year Full Year Operating
Revenue of Gross Margin Profit Between
~$55.2B ~62% $13.5—$14.0B
6 *The 2015 forecast is based on Q1-Q3’15 actuals plus the midpoint of the Q4’15 forecast.
Forecast range is based on current expectations and is subject to change without notice
Source: Intel
|
agenda
Intel’s Corporate Strategy
7 |
|
|
Strategic Vectors
MOORE’S LAW INTEGRATION SHARED IP
Memory Graphics
I/O WiFi
Our highest shareholder value will come from a strategy that uses our core assets to move into profitable, complementary markets
8 |
|
|
Moore’s LAw
A source of long-term competitive advantage
9
|
agenda
Intel’s Foundation
10
|
Our Client business
A strong foundation
· Volume enabling investment in Moore’s Law
· IP used across our businesses
· A strong footprint in the ecosystem· Brand Value
· Cash flows adding shareholder value
11
|
Maximizing Client Innovation the Return in & our Segmentation Client Business
12
Other brands and names may be claimed as the property of others
|
13
Mobile Client
Maintaining Momentum
Tablets Phones
Maintain Footprint Scaling With Partners
~26 Mu
Q1-Q3’15 Volume
Other brands and names may be claimed as the property of others
13
|
Intel Transforming
2015
DCG, IOTG, MEMORY & SSG
~40%
of Revenue
~65%
of Operating Margin
14
Source: Intel
|
agenda
Intel’s Growth Engines
15
|
Intel’s Virtuous Cycle
of Growth
16
|
Evolution of the Cloud
Today
Cloud driven by People
Tomorrow
Cloud driven by Things
17
|
You 24x7
Cardiovascular and Wellness Study
Cloud of Things
In Action
18
|
Data Center Opportunities for Growth
Cloud Service Providers
Enterprise IT
Communication Service Providers
High Performance Compute
19
|
Data Center Opportunities for Growth
devices
Network cloud
20
|
Internet of things
Retail Solutions
Transportation & Automotive
Smart Home & Building
Industrial & Energy
Markets & Channels Acceleration
21
|
Memory
Accelerating the
Virtuous Cycle
Data center
Memory
IOT
22
|
3D Xpoint™ Technology
Intel® Optane™ SSD
DIMMs based on 3D XPoint™
23
|
agenda
Investing for the Future
24
|
Data center
Memory
IOT
Feeds the virtuous cycle
altera
25
Other brands and names may be claimed as the property of others
|
Wireless
End-to-end leadership from device to cloud
26
|
agenda
Summary & Intel’s Commitment
27
|
Key Takeaways
Intel’s Strategy Creates Long-Term Shareholder Value Seeing Strength in Client, yet, not a prerequisite for Growth DCG, IOT, and Memory form a virtuous cycle for Growth
A Commitment from Intel’s Leadership Team
28
|
investor meeting
2015 SANTA CLARA
|
Risk Factors
The statements in this presentation and other commentary that refer to future plans and expectations are forward-looking statements that involve a number of risks and uncertainties. Words such as “anticipates,” “expects,” “intends,” “goals,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” “will,” “should,” and variations of such words and similar expressions are intended to identify such 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 and could differ from expectations due to factors including changes in business and economic conditions; consumer confidence or income levels; the introduction, availability and market acceptance of Intel’s products, products used together with Intel products 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’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. Results may also be affected by the formal or informal imposition by countries of new or revised export and/or import and doing-business regulations, which could be changed without prior notice. 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 repurchase program could be affected by changes in Intel’s priorities for the use of cash, such as operational spending, capital spending, acquisitions, and as a result of changes to Intel’s cash flows or changes in tax laws. Product defects or errata (deviations from published specifications) may adversely impact our expenses, revenues and reputation. Intel’s results could be affected 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. Intel’s results may be affected by the timing of closing of acquisitions, divestitures and other significant transactions. In addition, risks associated with our pending acquisition of Altera are described in the
“Forward Looking Statements” paragraph of Intel’s press release dated June 1, 2015, which risk factors are incorporated by reference herein. 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-Q, Form 10-K and earnings release.
30