Intel Corporation (NASDAQ:INTC) Presents at Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 6:45 PM EDT
Company Participants
John Pitzer – Corporate Vice President of Corporate Planning & Investor Relations
Conference Call Participants
James Schneider – Goldman Sachs Group, Inc., Research Division
Presentation
James Schneider
Senior Research Analyst
Good afternoon, everybody. Welcome to the Goldman Sachs Communacopia Technology Conference. I’m Jim Schneider, the semiconductor analyst here at Goldman Sachs. And it’s my pleasure to welcome Intel’s VP of Corporate Relations — Planning and Investor Relations, John Pitzer. Welcome, John. Thanks for being here.
John Pitzer
Corporate Vice President of Corporate Planning & Investor Relations
Thanks, Jim.
James Schneider
Senior Research Analyst
So before we begin, please note that today’s discussion may contain forward-looking statements that are subject to various risks and uncertainties and may reference non-GAAP financial measures. Please refer to Intel’s most recent earnings release and annual report on Form 10-K and other filings with the SEC for more information on the risk factors that could cause actual results to differ materially and additional information on our non-GAAP financial measures including reconciliations where appropriate to the corresponding GAAP financial measures. Mouthful. But anyway, thanks for being here again.
John Pitzer
Corporate Vice President of Corporate Planning & Investor Relations
Appreciate it.
Question-and-Answer Session
James Schneider
Goldman Sachs Group, Inc., Research Division
I want to bring it sort of up to a high-level question for a second. Your CEO, Lip-Bu Tan, has been Head of Intel for about 6 months now. I think — you’ve been pretty clear about the types of changes Lip-Bu wants to bring from a sharpened focus to more internal accountability to more outcome-based view on CapEx. Can you maybe talk a little bit about the most important changes that he’s brought to the company? And maybe what are some of the most important
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