Intel revenue 2022-2024, by segment

In 2024, Intel generated

billion U.S. dollars in revenue, with billion U.S. dollars generated by the company's Client Computing Group, its core business unit serving the PC market. Revenues associated with Intel's data center and AI activities amounted to billion U.S. dollars in 2024, a part of the business that is expected to receive greater interest moving forward.

Integration of AI into PCs and data centers

Intel is in a good position to benefit from the growing adoption of AI PCs, with its processor technologies helping to support AI applications on many devices. As well as PCs, growing demand for AI chips across data centers offers Intel further opportunities for growth, particularly as it looks to close the gap on the market leader Nvidia.

Strategic initiatives and industry dynamics

To strengthen its position in the evolving semiconductor market, Intel has been pursuing strategic initiatives such as its IDM 2.0 strategy. This plan involves expanding manufacturing capabilities and establishing Intel Foundry as a service that can serve external customers, enabling Intel to compete with the leading semiconductor foundries globally.