Intel Corporation reports developments across its advanced semiconductor design and manufacturing business, including Intel Products, the Client Computing Group, Data Center and AI, and Intel Foundry. Company updates commonly address operating results, CPU and AI-related demand, wafer and advanced packaging capacity, corporate strategy, capital allocation, and changes affecting major manufacturing assets.
Intel news also includes governance and leadership developments, proxy matters, and ownership-linked updates from Mobileye, an independently listed company in which Intel retains majority ownership. These items connect Intel’s public-company disclosures with its product roadmap, foundry strategy, manufacturing network, and broader semiconductor capital structure.
Intel Corporation announced advancements in security and computing during its Intel Vision event, introducing Project Amber, a service for verifying cloud and on-premises trustworthiness. The initiative aims to enhance confidential computing across environments. Intel also reinforced its commitment to responsible AI through collaborations with BeeKeeperAI and the University of Pennsylvania, accelerating healthcare AI deployments. Furthermore, Intel outlined plans for quantum-resistant cryptography by 2030, starting with the 3rd Generation Intel® Xeon® Scalable platform.
Intel introduces its most powerful mobile processors yet, the 12th Gen Intel Core HX series. Announced at Intel Vision 2022, the seven new processors, including Core i5, i7, and i9 models, utilize desktop-caliber silicon for enhanced performance in professional workflows like CAD and animation. They offer up to 16 cores, PCIe Gen 5.0 support, and unlocked overclocking capabilities. The HX processors deliver up to 65% more performance in multi-threaded workloads, catering to both content creators and gaming enthusiasts with improved bandwidth and memory support.
At Intel Vision 2022, the company unveiled various innovations aimed at transforming industries such as finance, healthcare, and manufacturing through its silicon, software, and services. Key announcements included the launch of the Habana Gaudi2 AI processor and new 12th Gen Intel Core HX processors tailored for hybrid work. Additionally, projects like Project Apollo aim to enhance AI accessibility for enterprises. Intel emphasized its commitment to supporting digital transformations and reducing total costs for businesses.
Park Place Technologies has become a certified partner in Lubrizol's immersion cooling ecosystem, utilizing CompuZol™ immersion fluid in collaboration with Intel. This partnership aims to enhance data center efficiency by providing sustainable cooling solutions, lower energy costs, and improved thermal management. The initiative is designed to meet global sustainability goals while maximizing infrastructure investments. The certification allows Park Place to offer enhanced service and real-time monitoring for customers employing immersion cooling technologies.
Intel Corporation announced the appointment of Matt Poirier as senior vice president of corporate development effective May 30, 2022. With over 20 years of experience in leadership, finance, and corporate development, Poirier aims to bolster Intel's strategic initiatives, particularly in mergers and acquisitions. He previously held a senior role at AMD and has a strong background in the semiconductor industry. CEO Pat Gelsinger highlighted his proven leadership, essential for Intel's transformation and long-term shareholder value.
Intel Corporation has declared a quarterly dividend of $0.365 per share, which amounts to $1.46 annually. This dividend will be payable on June 1, 2022, to stockholders of record on May 7, 2022. The announcement reflects Intel's commitment to returning value to its shareholders despite current market challenges. Investors can look forward to receiving this dividend, which underscores the company's status as an industry leader in semiconductor technology.
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Intel has released a study highlighting the growing importance of hardware-assisted security solutions in organizations' cybersecurity strategies. The study found that 64% of respondents prefer innovative technology providers, with 36% currently using hardware-assisted solutions. Furthermore, 47% plan to adopt these solutions within the next year. The increasing sophistication of cyber threats is driving businesses to enhance their security measures, with $172 billion projected spending on cybersecurity in 2022.
Intel's RISE Technology Initiative supported 63 projects in its first year, investing $9.5 million across six areas including accessibility, economic recovery, education, health, social equity, and sustainability. The initiative aims to leverage Intel's technology to address complex global challenges. Notable projects include partnerships with GoodMaps for indoor navigation for the visually impaired, a skills training program for displaced sports and entertainment workers, and AI solutions to improve patient safety in healthcare. The initiative underscores Intel's commitment to social impact and innovation.
Intel has announced the 2022 Intel EPIC Supplier Program awards, recognizing outstanding supplier partners that embody excellence in supply chain performance. Key executives emphasize the importance of supplier partnerships in advancing Intel's IDM 2.0 strategy and meeting the growing demand for semiconductors. The awards feature three levels: Outstanding, Distinguished, and Valued Supplier. Notable recipients include Applied Materials, ASML, and Fujifilm. The program aims to enhance quality, innovation, and operational excellence in Intel's supply chain.