Intel : 2022 Q1 Infographic

Financial Results

First Quarter of 2022 (Q1'22)

Total Q1'22 Revenue

Client Computing (CCG)

Datacenter and AI (DCAI)

Network and Edge (NEX)

$9.3B13% YoY $6.0B22% YoY $2.2B23% YoY

Accelerated Computing Systems $219M21% YoY and Graphics (AXG)

Mobileye $394M5 % YoYIntel Foundry Services (IFS) $283M175% YoY

Q1'22 Non-GAAP EPS $0.8735% YoY [$0.07 above prior guidance]

Q1 was a strong start to the year, exceeding expectations on both the top- and bottom-line.

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With a $1 trillion market opportunity ahead of us, we remain laser focused on our IDM 2.0 strategy. We executed well against that strategy in Q1, delivering key product and technology milestones and announcing plans to expand our manufacturing capacity in both the US and Europe to meet the continued demand for semiconductors and drive a more balanced, resilient global supply chain.

- Pat Gelsinger, Intel CEO

Intel delivered strong ˜rst-quarter ˜nancial results, and we are rea°rming our full-year revenue guidance.

We remain committed to the ˜nancial framework we laid out at Intel's Investor Meeting, including diligently managing the business to drive both growth and pro˜tability and create shareholder value.

- David Zinsner, Intel CFO

FY'22 Non-GAAP Outlook

Revenue $76B2 % YoY [˜at to prior guidance]

NEX Quarterly RevenueIFS Quarterly RevenueMobileye Quarterly Revenue

QUARTERLY RECORDS

EPS $3.6032% YoY [$0.10 above prior guidance]

Net Capital Spending $27B

= Record revenue

Abbreviations: Q1 (˜rst-quarter); YoY (year-over-year); GAAP (general accepted accounting principles); EPS (earnings per share); FY (full-year).

Q1'22 non-GAAP EPS ($0.87) is Q1'22 GAAP EPS ($1.98) after adjustment for acquisition-related adjustments (+$0.10), restructuring and other charges (-$0.30), share-based compensation (+$0.17), gain from divestiture (-$0.27), gain on equity investments, net (-$1.05), tax reform (-$0.09) and income tax e°ects (+$0.33). FY'22 non-GAAP EPS Outlook ($3.60) is FY'22 GAAP EPS Outlook ($4.19) after adjustment for acquisition-related adjustments (+$0.36), restructuring and other charges (-$0.27), share-based compensation (+$0.82), gain from divestiture (-$0.30), gain on equity investments, net (-$1.12), tax reform (-$0.22) and income tax e°ects (+$0.14). For a full explanation of these non-GAAP measures, see Intel's Q1'22 earnings release atintc.com. Year-over-year comparisons, including for Intel Q1'22 revenue, exclude NAND memory business from 2021 results. We completed the ˜rst closing of the divestiture on December 29, 2021. Year-over-year comparisons also exclude share-based compensation and gains/losses on equity investments. Intel FY'22 revenue outlook is presented on a GAAP basis. Graphic omits intersegment and All Other revenue.

Our FY'22 outlook and other statements about future plans, expectations, and opportunities, including with respect to future products and technologies, are forward-looking statements. They are based on current expectations as of April 28, 2022 but are subject to many risks and uncertainties that could cause actual results to di°er materially from those anticipated. Important factors that could cause actual results to di°er materially are set forth in Intel's Q1'22 earnings release atintc.com, and our most recent reports on Forms 10-K and 10-Q, available atintc.comand sec.gov.