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Exhibit
Exhibit 99.1

Intel Corporation
2200 Mission College Blvd.
Santa Clara, CA 95054-1549
intellogobw2015q1a12.jpg News Release


Intel Reports Record Quarterly Revenue of $15.8 Billion, Up 9 Percent Year-Over-Year;
Operating Profit of $4.5 Billion

News Summary:
Strong top line growth with record revenue in the Data Center Group and Internet of Things Group
Solid earnings with GAAP net income of $3.4 billion, up 9 percent year-over-year;
Delivered 21 percent year-over-year growth in non-GAAP net income driven by strong execution and demand for our products
GAAP gross margin of 63.3 percent and non-GAAP gross margin of 64.8 percent

SANTA CLARA, Calif., October 18, 2016 -- Intel Corporation today reported third-quarter GAAP revenue of $15.8 billion, operating income of $4.5 billion, net income of $3.4 billion and EPS of 69 cents. Intel reported non-GAAP operating income of $5.1 billion, net income of $3.9 billion and EPS of 80 cents. The company generated approximately $5.8 billion in cash from operations, paid dividends of $1.2 billion, and used $457 million to repurchase 13 million shares of stock.

“It was an outstanding quarter, and we set a number of new records across the business,” said Brian Krzanich, Intel CEO. “In addition to strong financials, we delivered exciting new technologies while continuing to align our people and products to our strategy. We’re executing well, and these results show Intel’s continuing transformation to a company that powers the cloud and billions of smart, connected devices."
Q3 Key Business Unit Trends
Client Computing Group revenue of $8.9 billion, up 21 percent sequentially and up 5 percent year-over-year
Data Center Group revenue of $4.5 billion, up 13 percent sequentially and up 10 percent year-over-year    
Internet of Things Group revenue of $689 million, up 20 percent sequentially and up 19 percent year-over-year
Non-Volatile Memory Solutions Group revenue of $649 million, up 17 percent sequentially and down 1 percent year-over-year
Intel Security Group revenue of $537 million, flat sequentially and up 6 percent year-over-year
Programmable Solutions Group revenue of $425 million, down 9 percent sequentially



- more -



GAAP Financial Comparison
Quarterly Year-Over-Year
 
Q3 2016
Q3 2015
vs. Q3 2015
Revenue
$15.8 billion
$14.5 billion
up 9%
Gross Margin
63.3%
63.0%
up 0.3 point
R&D and MG&A
$5.1 billion
$4.8 billion
up 5%
Operating Income
$4.5 billion
$4.2 billion
up 6%
Tax Rate
21.8%
26.9%
down 5.1 points
Net Income
$3.4 billion
$3.1 billion
up 9%
Earnings Per Share
69 cents
64 cents
up 8%
Non-GAAP Financial Comparison
Quarterly Year-Over-Year
 
Q3 2016
Q3 2015
vs. Q3 2015
Revenue
$15.8 billion ^
$14.5 billion ^
up 9%
Gross Margin
64.8%
63.5%
up 1.3 points
R&D and MG&A
$5.1 billion ^
$4.8 billion ^
up 5%
Operating Income
$5.1 billion
$4.4 billion
up 18%
Net Income
$3.9 billion
$3.2 billion