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23 Best Startup Pitch Deck Examples: Famous in Tech (For 2024)

Tomas Laurinavicius

Are you pitching your startup idea or raising more money for your business?

Presenting a startup pitch deck can be a tough experience. I t can make you very nervous and can even feel traumatic. Imagine exposing yourself in front of a group of strangers who either know a little or not at all about your company.

Pitchwerk PPT Template from Envato Elements

Aside from introducing yourself and your company, you also need to present a lot of things.  The problem is—you don’t have enough time when you're presenting a pitch. That's why you need the best pitch deck design that'll help you explain even the most complex topics. 

Quantity of slides is important. However, you also want a PPT deck design that lets you present with clarity. Investor decks are shared in person and through email. They may be sent before or as a follow-up after pitching to VCs. So, the right design is critical for the best pitch decks. With the right PPT pitch deck design, you’ll be able to:

  • Explain your most complex ideas.
  • Show investors how your brand will become a leader in the industry.
  • Share the story of how your company came to be.

Let's explore some pitch deck examples that'll help you find the  right pitch deck for your needs. You're on your way to creating the best pitch decks.

Jump to content in this section:

  • Concord Business Plans
  • SEOmoz Pitch Deck
  • Facebook Pitch Deck
  • Airbnb Pitch Deck
  • Uber Pitch Deck
  • Mint Pitch Deck
  • Buffer Pitch Deck
  • Front Pitch Deck
  • Sequoia Capital Pitch Deck Template
  • Copper Cow Coffee Pitch Deck
  • Kickfolio Pitch Deck
  • Reflect Pitch Deck
  • Lexop Pitch Deck
  • Mixpanel Pitch Deck
  • Yalochat Pitch Deck
  • Crema Pitch Deck
  • Mattermark Pitch Deck
  • Dwolla Pitch Deck
  • Foursquare Pitch Deck
  • Intercom Pitch Deck
  • iCrowdU Pitch Deck
  • Ooomf Pitch Deck

23 of the Best Startup Pitch Deck Examples (To Learn From for 2024)

If you're not sure how to begin, we can help. We will teach you how to make a pitch deck. We'll show you the important parts and give examples of successful startup decks.

Let's see 23 of the best pitch decks of all time on SlideShare. Here we go!

1. Concord Business Plans

Concord Business Plans specializes in designing business plans and pitch decks. These best startup pitch decks have raised more than $2.5 Billion for their clients. Each slide features a branded color scheme, icons, and white space. This makes the slides easy to understand and read.

2. SEOmoz Pitch Deck

SEOmoz Pitch Deck makes excellent use of charts and graphs to illustrate data. This startup pitch deck uses different colors for each statistic. On top of color, they also use illustrations throughout the startup pitch deck. That’s one example of using color and illustration to make even the best pitch decks more interesting and less intimidating. 

3. Facebook Pitch Deck

Mark Zuckerberg and Eduardo Saverin created Facebook as a social network for universities. When they first tried to pitch the idea to potential investors, they didn’t have a clear business plan. You can't create a startup pitch deck that lacks a single focus.

They used the information they already had. This included their customer base, user engagement, and growth numbers. It's an example of a successful startup pitch deck for certain!

4. Airbnb Pitch Deck

The Airbnb company pitch deck is also one of the most searched for. This company is not only one of the biggest today, but it has also created a new niche in the travel and hotel industry.

Looking at the Airbnb startup pitch deck, you can learn a lot from it. But one of the principles that stands out is their use of the rule of three . You can see it in how they present the problem, the solution, the facts, the business model, and more:

Why the rule of three for startup pitch decks?

It’s simple, memorable and clean.

5. Uber Pitch Deck

Uber’s pitch deck was far from impressive. What caught the investor’s attention was the solution they provided. They were able to articulate the problem in a few short sentences using everyday words. After presenting the pain point, they presented their no-nonsense solution. 

6. Mint Pitch Deck

Mint , a personal financial services tool, has a simple pitch deck but the investors were drawn to it. First of all, it presented what value it can give to their users and partners. Second, they also understand that by putting their money in, each investor is exposed to different levels of risk. 

Mint Pitch Deck

They put their investors’ minds to rest by creating some exit mechanisms to their investments.

7. Buffer Pitch Deck

Buffer is one of the top social media scheduling platforms. It allows you to schedule your content on Twitter, Pinterest, Facebook, and LinkedIn. What makes this pitch deck popular is the presentation of solid facts and numbers. The presentation also covers their achievements. This includes their user count, yearly earnings, and app connections.

Buffer Pitch Deck

This allows investors to see something important. They are not investing in a failing company. Instead, they are supporting one that grows steadily over time.

8. Front Pitch Deck

It's important to clearly present the problem and solution in your pitch deck. This will grab the attention of potential investors. Front  not only did that, but they were able to create a simple visual without overloading the information. 

Front Pitch Deck

They were able to distill each problem into a single phrase making it catchy and memorable. They used a similar approach in their startup presentation. They showed a solution and explained its value.

9. Sequoia Capital Pitch Deck Template

Sequoia Capital is one of the leading VC firms in Silicon Valley. Looking at the pitch deck they recommend, it gives a clue to any startup what they're looking for. They recommend going straight to the point:

  • what your company is all about
  • the problem you see and the solution you offer
  • your competition
  • your product
  • your business model 

Sequoia Capital Pitch Deck

Putting all this information in your pitch deck shows that you've done your research and are committed to success.

10. Copper Cow Coffee Pitch Deck

Copper Cow Coffee provides special Vietnamese coffee with 100% eco-friendly pour over technology. Their company pitch deck grabs attention with a few important words. They clearly explained the business potential and growth opportunities for the company.

Copper Cow Coffee

11. Kickfolio Pitch Deck

Showing the growth and metrics of your company is something to be proud of. Thus, it makes sense if you highlight them to show your prospective investors how much you’ve grown. Kickfolio understood this so instead of using small graphs; it presented charts and numbers in each startup pitch deck slide. Why hide your metrics when you all worked hard to achieve what your company has?

12. Reflect Pitch Deck

Reflect is a mental health startup, has nailed what a killer pitch deck looks like—minimal yet all the information is there. Aiming to be a leader in mental healthcare that uses data-driven matching, they were able to reflect that by using facts and data in their pitch presentation example.  The data presented was straightforward and easy to follow.

13. Lexop Pitch Deck

Lexop is a startup offering certified, trackable emails with instant legal proof-of-delivery. Their startup pitch deck begins with crucial information and ends by introducing the team. By showing the managers and advisors, they create transparency and authority.

14. Mixpanel Pitch Deck

Mixpanel’s approach is simple. They know exactly who their target audience is. They understand what their audience needs. They've also come up with a practical solution to meet those needs. Their target is people who have no clue what their analytics are.

15. Yalochat Pitch Deck

Pitch decks are, in one way or another, like infographics—present facts and figures and pair them with graphic icons. The result is an engaging and informative piece of content. Yalochat used this approach, and the result is a fancy startup pitch deck, but the value is still there. Plus, the color palette they used has made the figures and information even more interesting.

Yalochat pitch deck

16. Crema Pitch Deck

Whether you're creating a design or offering your service, being consistent is gives you a huge advantage. The design team behind Crema’s pitch deck understood this. They've created a solid and consistent background in their presentation. Even though they used different images, they were all connected and had the same message and feel. Even the color and pattern all add to the cohesiveness of their theme resulting in a best startup pitch deck you can’t easily ignore.

17. Mattermark Pitch Deck

An effective product, service, or pitch deck must understand what the target audience wants. Mattermark was aware of this. They used the problems their prospects faced when designing their pitch deck layout. One issue they presented was disorganized SaaS reporting. To show this, they used screenshots as examples. After that, they offered their solution by bringing all the data in one place.

18. Dwolla Pitch Deck

Dwolla’s startup pitch deck banked on stories. They understood the power of stories and how they could move emotions. 

Dwolla Pitch Deck

Here, they share Dwolla 's beginning. The audience can see that the company understands their problem. It also shows that the product was created to help them solve their problem the way it helped the developer.

19. Foursquare Pitch Deck

Foursquare was one of the first businesses to use gamification and it shines in their companey pitch deck. 

Although the pitch has a lot of text, it includes graphics and illustrations. These help demonstrate how their points and badges engage people and keep them interested.

20. Intercom Pitch Deck

Intercom focused on their strong team, early traction made it very clear what they needed. Also, you may notice that their deck was simple but nicely designed. 

This approach gave them an advantage over the typical presentations investors see daily.

Intercom Pitch Deck

Key Takeaway: Pay attention to the design of your pitch deck. Use your brand’s colors and fonts and incorporate plenty of white space into each slide.

21. BuzzFeed

BuzzFeed's startup pitch deck is an excellent example of using bold colors and bullet point lists. This makes the content easy to understand and digest. The end slide also has an effective call to action that’s easy to remember.

22. iCrowdU Pitch Deck

iCrowdU has a simple design with plenty of charts, screenshots, and other visuals to back up the data presented. They use a branded color scheme and bullet points to make the text easy to read. 

23. Ooomf Pitch Deck

Ooomf may have an unusual name but their pitch deck helped them secure 2 million dollars in funding. The company pitch deck itself has a simple and clean design that lets your audience focus on your presentation. 

Ooomf pitch deck

Save Time With the Best Pitch Deck Templates

Let's talk about the advantages of using a pitch deck template before we explore our examples. The best startup pitch decks truly affect on your success.

If you're starting to create a pitch deck, you could spend hours designing it yourself. Or use one of the beautifully designed pitch deck templates available on Envato Elements. With a single monthly fee, you'll have access to thousands of Keynote and PPT presentation templates . These templates can help you land your next investment round.

Want to see more startup presentations? Here's another example of an excellent template for creating a pitch deck:

The X Note - Powerpoint Template

Designs like this are for you to use to create the best pitch decks. Now let's move on to looking at our startup pitch deck examples.

5 Best Pitch Deck Templates From Envato Elements - (For 2024)

To save time and ensure a standout design for your pitch deck, start with a professionally designed template. Take a look at some of the best pitch deck PowerPoint templates available on Envato Elements: 

1. Pitch Deck PowerPoint

Pitch Deck PowerPoint

The first best pitch deck template on our list has a simple and minimal design. You’ll find plenty of infographic elements as well as charts and slides to present important data about your company. The best startup pitch deck contains 40 unique slides designed in standard and widescreen resolution.

2. Pitch Deck Presentation

Pitch Deck Presentation

This pitch deck presentation comes with image placeholders. So, you can easily replace and add your own. This best pitch deck template has a modern design and comes with 50 slides designed in widescreen format. It’s also easy to customize thanks to premade color schemes.

3. Pitch Deck PowerPoint Presentation

Pitch Deck PowerPoint Presentation

If you’re looking for a more colorful design, this pitch presentation example will come in handy. It comes in a light and dark version and contains 150 unique slides based on master slides. You’ll also find plenty of infographic elements to add more visual appeal to your pitch presentation.

4. Business Pitch Deck PowerPoint

Business Pitch Deck PowerPoint

This pitch deck template includes 120 creative slides and 30 icon slides. These additions enhance the visual appeal of your pitch presentation. The template was designed in widescreen format. It also includes 50 premade color schemes for easy customization. 

5. Pitch Deck PowerPoint Presentation Template

Pitch Deck PowerPoint Presentation Template

If you like a more minimalist and simple style, this business pitch presentation exampleis a great choice. It's got 30 unique slides in full HD resolution. The template is fully customizable. It also comes with plenty of icons, charts, and infographic elements. 

5 Quick Tips to Making Great Pitch Decks for 2024

Creating your business pitch deck doesn’t have to be stressful. These tips will help take your worries away and help you focus on what you'll put inside your pitch deck. Take a look at these five tips and win your audience with an awesome PPT pitch deck.

1. Include Your Vision and Value Proposition

An effective pitch deck begins with your company's vision and the value you can offer to potential customers. It doesn’t have to be a complex explanation, but more like a short tweet or a one-sentence overview. Make it short and sweet.

You can also add your value proposition to show your uniqueness in comparison to other companies. For example, Uber presented their value proposition as the “ NetJets of Car Services ."

value

2. Present the Problem

We’ve said it earlier in the article, and we'll say it again—a successful product always solves a problem. Thus, you shouldn't fail to mention that on your pitch deck. Aside from talking about the problem, you should also talk about who has that kind of problem. Back your claims with facts and figures.

You can do what Dwolla did too. Share your story of starting the company to solve a problem the founder faced. The more you make the problem more relatable, the more you'll attract investors to your pitch.

3. Offer a Solution

If you pinpoint the problem but can't present a viable solution, your pitch deck is nothing. You've got to articulate your solution in your pitch. You can use the solution as a continuation of your story. Talk about your product and how it can solve the problem you mentioned. Your product is the hero that'll save the day and solve the problem at hand, just like what Mattermark did in our earlier example.

offering a solution

4. Explain Your Business Model

So, you've got a product that'll solve a particular problem, but how can it make money? Who pays the bills? In addition to these points, you can discuss how your prices compare to similar products in the market.

5. Showcase Your Team

Similar to the Buzzfeed pitch deck, featuring the people in your company adds credibility to your presentation.

Include their skills, experiences, successes, and expertise. It shows investors what each of the members contribute and why they're a critical part of the company.

showcase team

5 Top Startup Pitch Deck Trends for 2024

We’ve looked at some of the best pitch decks ever made. And you’ve seen pitch deck examples from Envato Elements that you can use to build your own startup pitch deck.

But there’s one more thing to consider: the latest trends. The best investor pitch deck designs in 2024 use modern styles to connect with audiences. Here are five top startup presentation trends:

1. Mockups for Digital Services

Any tech firm deserves a compelling startup pitch deck. Even if you’re not in the tech sphere, chances are you've got a website, app, or social media. 

Pitch werk pitch deck examples

Don’t just talk about your digital presence. Show it off, with the best startup presentation device mockups. These are 3D models of laptops, smartphones, tablets, and more. Drop in screenshots of your app or site, and you’re all set. They set your investor pitch deck apart in 2024.

2. Powerful Starts With Memorable Titles

Ever heard someone say, “ it’s the start that counts? ” That’s never more true than in your startup pitch deck. You need to capture attention immediately, and the title slide is the best place to do it.

A compelling title serves as a clear, compelling introduction to your message. Remember, you’re seeking investment in you and your ideas. Make a great first impression. Learn how with our full title slide tutorial for PowerPoint:

presentation for tech company

3. Timelines to Capture Momentum

The best pitch deck examples track two things: past performance and future growth . In 2024, a startup presentation should include timelines to capture these key points.

PPT project timeline template

A timeline is a visual way to show the passage of time. Timelines transform your growth journey into beautiful, easy-to-read illustrations. Try them now.

4. Structured Organizational Charts

When investors see a startup presentation, they want to know who they’re investing in. Photos go a long way, but it pays to show how your company structure fits together.

2024’s best pitch decks often feature crisp organizational charts. These show how your team fits and works together. They help clearly define roles and explain your value offering. 

To learn how to build organizational charts, check out our complete PPT tutorial:

presentation for tech company

5. Compelling Illustrations

There’s nothing worse than a text-heavy pitch deck. You need to keep things concise and to the point. A great way to do that is by using plenty of illustrations.

Jedva investor pitch deck

These may include photographs, or infographics. Infographics combine information with graphics to create powerful illustrations. They’re popular in 2024 investor pitch deck designs, and they should be part of yours.

More Easy-to-Use Top PowerPoint Template Downloads

You know now that a template is the best way to create a startup presentation. So, why not see more designs with the best PowerPoint layouts included?

Check out more of the best PowerPoint templates we've featured. Many of them are customizable to create the best pitch decks with less work than ever. 

Download one of these templates, make a few customizations, and you'll be ready to present your investor pitch deck.

presentation for tech company

Common PowerPoint Questions Answered (FAQ)

If you’re thinking about using PowerPoint for your investor pitch deck, you may have a few questions. Here are answers to give of the most common questions people ask about PowerPoint:

1. How Do I Start Using PowerPoint?

It’s easy! PowerPoint is a great option for users of every skill level. Just because you’re not a presentation expert doesn’t mean you can’t build a stunning startup pitch deck. 

A great option is to use premium pitch deck templates  like those found at Envato Elements. These templates work well for users of any skill level. All you’re doing is filling in the blanks with your own content. You enjoy professional styling, without having to create it yourself. 

So, jump in and check out PowerPoint’s robust features today!

presentation for tech company

2. Can I Work With a Team in PowerPoint?

Yes! PowerPoint offers several great ways to collaborate with a global team. An easy option is to save your file in Microsoft’s OneDrive cloud sharing service. From there, you can click Share and send a link to people all over the world. It’s the perfect way to work together to build an amazing startup presentation for 2024. 

Learn more here:

presentation for tech company

3. How Do I Add Photos to PowerPoint?

Easily. PowerPoint has a full suite of features that help you import and work with your own photos. In a few clicks, you can customize images to fit your needs.

Plus, premium templates often include drag-and-drop placeholders. Simply release your photo over the slide. Your startup presentation will soon fill with images. 

Learn more about photos in PPT here:

presentation for tech company

4. Can I Share PowerPoint Slides on Zoom?

Definitely. Zoom and other video-conferencing platforms have exploded in popularity recently. You might even find yourself presenting your startup pitch deck examples virtually.

Apps like Zoom make it easy to share PPT startup presentation decks with the world. Just test things out first. Learn all about that process here:

presentation for tech company

5. What Font(s) Should I Use in PowerPoint?

Two rules of thumb apply here: clarity and readability. You may be sharing with audiences in large rooms, for example. Choose a simple font that’s easy to see and understand.

A great resource is the Font library on Envato Elements. As a member, you've got unlimited downloads of thousands of custom fonts . Browse through the collection today!

Then, turn to our full PPT font tutorial for your next startup presentation:

presentation for tech company

Learn More About Making Great Pitch Decks for 2024

There are a lot of other elements you can add to make your pitch deck engaging and interesting. Check out these resources:

presentation for tech company

Get a Powerful, Professional PPT Design for Your Startup Pitch Deck Now

Aside from the elements we mentioned, make your pitch deck stand out even more by creating a story. It makes your pitch deck not only powerful, but cohesive from start to finish.

If you're ready to get started with your pitch deck, check these  PowerPoint presentation templates on Envato Elements.

Editorial Note: This article was originally published in April of 2019. It's been comprehensively updated with help from Brenda Barron,   Andrew Childress, and Daniel Strongin .

Tomas Laurinavicius

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16 Corporate Presentation Templates to Effectively Highlight Your Company

16 Corporate Presentation Templates to Effectively Highlight Your Company

Written by: Gijs Ooijen

16 Corporate Presentation Templates to Effectively Highlight Your Company

At a corporate level, you’re going to have to effectively communicate your vision, strategy or solution with different stakeholders.

Whether you’re presenting to investors, management, potential partners, or customers, your corporate presentations should leave an indelible impression.

Engaging and professional corporate presentations can have a great impact on your business. It does a great job of showcasing your brand in its best light and establishing credibility.

However, creating great corporate presentations isn’t a walk in the park, especially if you’re not a design expert. That's why we've put together a collection of 16 corporate presentation templates that will help you effectively highlight your company's strengths and accomplishments.

But that’s not all. In this article, we’ll take a look at what a corporate presentation is, what it is used for, and how you can create yours using a premade template

So, let's dive in and explore our selection of corporate presentation templates that will take your business to the next level!

Table of Contents

What is a corporate presentation, what should a corporate presentation include, 16 corporate presentation templates to make your own, how to give a corporate presentation.

  • A corporate presentation is a visual tool used by companies to showcase products, services or ideas.
  • Corporate presentations typically include elements like introduction, overview, products/services, market analysis, testimonials, financial overview and future roadmap.
  • When creating corporate presentations, thoroughly research your audience's preferences and interests, then tailor your presentation to resonate with them.
  • Create a compelling narrative using a problem-solution format and storytelling to engage your audience throughout the presentation. Use visual aids like icons, images and videos to enhance information understanding and retention.
  • To capture the audience's attention and make your presentation effective, have an in-depth knowledge of the subject and practice beforehand.
  • Visme offers an extensive library of corporate presentation templates. With a range of styles, layouts, and color schemes to choose from, you'll find the perfect template to fit your company's unique identity and messaging.

Corporate presentations are slideshows or demonstrations used by companies to showcase their products, services or ideas in a compelling and structured manner. It is a visual representation that combines text, images and other multimedia elements like charts and graphs to communicate information effectively.

Let's say you're the CEO of a tech startup seeking investors for a new app. A corporate presentation could be your key to success during pitch meetings. With an engaging presentation, you can confidently introduce your company, explain the app's features, demonstrate its potential and present financial projections.

By simplifying complex ideas and incorporating visuals, corporate presentations enhance understanding and leave a lasting impression on the audience. They also contribute to a professional image, boost brand consistency and offer versatility for various communication needs, making them a valuable tool for any company's success.

A corporate presentation is one of those types of things where the information included really depends on the goal of your presentation. However, there are several key elements you should include in your corporate presentation deck to effectively convey your company's message.

Let's take a look at them.

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Introduction

Start your presentation with an engaging introduction. Introduce yourself and your company, providing a brief overview of your mission, values and achievements, or your company’s.

Next, it’s a good idea to offer an overview of your company, including its history, core offerings and target audience. Showcase your unique selling points and emphasize what makes your company truly unique.

Products and Services

In this section, highlight your key products or services and explain how they address the needs and challenges of your target market. Use visuals, such as images or short product demo videos, to showcase their functionalities.

Market Analysis

After introducing your products and services, provide a brief market analysis to demonstrate your understanding of the industry and its potential. Share relevant data, trends and insights that support the demand for your offerings.

Testimonials

Testimonials work. About 37% of people believe testimonial videos are effective because they’re more authentic than a business’ pitch. Whatever the goal of your presentation is, incorporating customer testimonials helps build trust and credibility. In this section, share success stories that highlight the positive impact your products or services have had on clients.

Financial Overview

Present key financial data and projections to demonstrate the company's stability and growth potential. Use data visualizations like charts or graphs to illustrate revenue, profits and any notable milestones. Visme makes it super easy for anyone to create beautiful charts and graphs without any design knowledge.

Roadmap For the Future

After your presentation, your audience will be left with the question: What’s next? To leave the audience on a good note, let them know about your company’s future plans and initiatives. Share exciting projects or product developments that demonstrate your commitment to continuous innovation.

RELATED: How to Write an Effective Presentation Outline

In this section, we’ll showcase a wide range of essential corporate presentation templates in eight different categories. Each example of a corporate presentation comes with actionable tips you can use to polish your template and make it your own.

General Corporate Presentation

A general corporate presentation should give an all-encompassing overview of the company, its operations and notable accomplishments.

Corporate Slideshow Presentation Template

This template is perfect for any general corporate presentation. It features a clean and modern design, making it visually appealing. With its concise text, users can effortlessly skim through the content.

If you want the presentation to match your brand, you can easily use Visme’s brand wizard . Just insert your website URL and Visme can then automatically copy those colors, logos and fonts to the template.

presentation for tech company

Strategy Presentation Template

This corporate presentation template offers a touch of fun with its vibrant design, showcasing multiple colors like purple, orange and white. It provides an excellent platform to introduce your mission in an engaging way on the second slide, starting your presentation off on the right note.

The fonts in this design are very modern, but you might want them to be a bit more old-school. If so, don’t worry! Visme has hundreds of different fonts , all within the editor.

presentation for tech company

Marketing Corporate Presentation

A marketing corporate presentation is specifically crafted to highlight and advertise products, services or brand initiatives to the intended target audiences.

Business Case Presentation Template

This corporate presentation template offers 16 fully designed slides customizable to suit your specific needs. Whether you’re presenting a business case study or sharing a personal success story, this template is ideal for professional and personal use.

This template includes many 3D elements. If you don’t like the ones that are currently in the template, you can simply swap them out for one of the many 3D assets available within Visme.

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KPI Presentation Template

Impress your audience with a professional and visually appealing presentation using this template. This template is perfect for sharing detailed end-of-year marketing KPI reports with managers. Its use of icons and charts allows for clear and efficient communication of key topics.

presentation for tech company

Creating visually appealing charts and graphs as a non-designer may sound hard, but it’s actually not. Visme actually has a robust data visualization tool that does almost all the work for you. You can easily build eye-catching charts, graphs, maps and widgets into your presentation.

Sales Corporate Presentation

A sales corporate presentation is created to help the sales team communicate effectively and strategize sales plans. This could be a sales deck or just a general sales presentation.

Sales Budget Presentation Template

This template showcases project financial plans and ambitions, specifically for sales budgets.

Its modern design and layout enable you to present your company's financial strategy in an impactful manner, leaving a lasting impression on your audience.

If you have live data, such as live financial reports, you can connect and import the data it to your presentation.

Once you customize the template and are happy with it, you can easily download it in many formats, including PDF, PPTX and MP4. You can even share it online with a live link or generate a code to embed it on your website.

presentation for tech company

Sales Report Presentation Template

This corporate presentation template features a captivating design with a color scheme of blue, white and yellow. The use of interesting graphs and a minimalist layout enhances the visual appeal and keeps the focus on the content.

If you want to make the minimalist design a little more playful, you could do so by adding animations . Have text move in and out of the screen, have colors change, have charts move—whatever you can imagine, it’s possible in Visme.

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Tech Corporate Presentation

A tech corporate presentation is aimed at presenting technological innovations, products or services to clients and investors.

Technology Company Presentation Template

This corporate presentation template boasts a modern and futuristic startup-style design, creating a visually impressive experience for your audience. With its spacious layout, there is enough room to showcase and present information effectively.

If you have a lot of data to deal with, consider adding a table. Visme makes it very easy to do so. This tutorial explains how you can do that within Visme, step-by-step, so you can have it done in just a few clicks.

presentation for tech company

Technology Presentation Template

This technology corporate presentation template features a delightful and fun design, adding an element of excitement to your presentations. The beautiful combination of bright yet soft colors creates a visually appealing and harmonious aesthetic.

presentation for tech company

Sports Corporate Presentation

The sports corporate presentation is designed to showcase events, sponsorships or partnerships to stakeholders.

European Football Team Sponsorship Presentation Template

This corporate presentation template is specifically-made for European football team sponsors but can be used for many other things. It comes with a rich selection of images, capturing the essence of the football world. The simple yet striking red and black design adds a touch of professionalism to the presentation.

This template includes many images. But if you want other images that match your presentation, Visme has 1,000,000+ free stock images that will do the job for you.

presentation for tech company

Sports Team Sponsorship Presentation Template

This template, similar to the previous one, targets sports team sponsors. However, it offers a distinct design with a simpler layout, featuring a dominant blue overtone for a refreshing visual experience.

This template, again, features a lot of images. If Visme’s stock library doesn’t quite do it for you, there’s an alternative. Visme also has a free AI image generator . Just tell it what you want the image to look like and the image generator will create it for you in seconds.

presentation for tech company

Non-Profit Corporate Presentation

A non-profit corporate presentation is created to communicate the mission, projects and impact of the organization to donors and volunteers.

Poverty Alleviation Presentation Template

This template embraces simplicity, allowing the content and heavy themes to take center stage. Its minimalist design is ideal for serious and impactful topics, ensuring the focus remains on the message being conveyed. If you need to add additional information, make your presentation interactive . Instead of cluttering this design, use interactive features to link to documents or add pop-ups with more information or context. Visme offers easy-to-use interactive features to successfully complete this.

presentation for tech company

Nonprofit Event Presentation Template

This non-profit presentation template follows a minimalist design approach, just like the previous template. Its captivating 2D icons add a touch of visual appeal to your content and make it really simple to follow the content being talked about.

Visme has a rich library of design assets, including animated graphics, icons, illustrations, shapes, fonts and so much more, that can take your presentation to another level.

presentation for tech company

Product-Focused Corporate Presentation

A product-focused presentation is centered around highlighting a specific product or a group of products and providing in-depth information to potential customers or other potential stakeholders.

Design Tool Presentation Template

This product-focused presentation template offers a fun and futuristic design that takes your presentations to the next level. The vibrant combination of bright blue and pink colors adds an exciting touch to your content. With a focus on visual elements and minimal text, this template ensures an easy-to-follow corporate presentation.

This template includes a few bar graphs, which are actually super easy to create within Visme. With the free bar graph maker , you can create one in seconds just by providing it with the right data.

presentation for tech company

Fashion Design Presentation Template

This template is perfect for fashion-related presentations but can be modified to fit anything. With professionally stylish layouts and modern fonts, it offers a visually appealing and professional platform to showcase your fashion ideas and concepts or any other ideas and concepts you might have.

Once your presentation is done, you can easily record it using Visme’s presenter studio. Just hit record and start presenting.

presentation for tech company

Start Up or Agency Corporate Presentation

A startup or agency corporate presentation is created to introduce the company, its unique offerings, capabilities and success stories to potential clients, investors or partners.

Atmoluxe Marketing Plan Presentation Template

This agency presentation template uses contrasting blues and whites to make your content stand out. With diverse icons, images and visuals, it ensures an even distribution of information, leading to a clear and engaging presentation.

Often, multiple people work on a marketing plan at the same time. Visme makes this really easy with its collaboration tools . Just work on the same document simultaneously, see the edits your team makes and leave comments where necessary.

presentation for tech company

Watch this video below to see how the collaboration feature works

Airsns Pitch Deck Presentation Template

Elevate your pitch with this visually impressive template. This startup presentation template is a fully customizable pitch deck , offering various useful slides with high-quality vector icons and data visualizations. The breathtaking slide layout with geometrically stylized content blocks is designed to captivate and engage your audience effectively.

presentation for tech company

RELATED: 85+ Best Free Presentation Templates to Edit & Download

We’ve talked a lot about corporate presentations, but now it’s time to put it all into practice. Here are some actionable tips that will help you give the best corporate presentation of your life.

Know Your Audience

Before creating your corporate presentation, thoroughly research your audience's preferences, interests and knowledge level. What do they like? What do they not like? How can you touch them? Tailor your content to resonate with them and address their specific needs.

If you're presenting to potential investors, focus on financial projections and growth opportunities. If your audience consists of clients, you might want to highlight the benefits of your products and how they can address their pain points.

Craft a Compelling Story

Structure your presentation as a compelling narrative to engage your audience from start to finish. Incorporate a problem-solution format to captivate their attention and maintain their interest. Storytelling can truly take your presentation to the next level.

Use Visual Aids

Use visual aids, such as icons, images and videos, to enhance the understanding and retention of information. Keep the design simple to avoid overwhelming the audience.

Instead of using dense paragraphs of text, create slides with key points and complement them with relevant images or icons. This approach helps convey the message effectively and leaves a lasting impact.

Practice, Practice, Practice

In the end, a presentation is only effective if you manage to capture the audience. The most surefire way to do that is to truly know what you are talking about.

Practice your presentation multiple times to ensure smooth delivery and build confidence. Rehearse in front of a colleague or record yourself to identify areas for improvement.

Create Professional Corporate Presentations With Visme

A corporate presentation is a structured visual tool companies use to showcase products, services or ideas in a compelling manner. It effectively communicates company information to stakeholders, clients and investors, aiming to inform and create a positive impression about the company.

Ready to get started with creating your presentation? Choose from any of these 16 corporate presentation templates or browse Visme’s robust template library to find the perfect match for creating your own presentation .

Visme has everything to make your presentation pop with cutting-edge features like the intuitive editor, presenter tool, data visualizations and rich library of design assets.

Sign up to start creating engaging corporate presentations.

Create stunning corporate presentation with Visme

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Technology presentation templates for Google Slides and PowerPoint

Ready to talk about technology in the classroom in your next professional development session? These ready made free PPT templates and Google Slides themes are perfect to present about technology, software, IT and more.

presentation for tech company

Transport Your Audience Back to the 90s with This Groovy Template for PowerPoint and Google Slides. Relive the nostalgia of the 1990s with this free and creative PowerPoint template and Google Slides theme. This vibrant design is packed with fun icons, geometric shapes, and bright colors that will transport your audience back to […]

90’s Vibes free creative Powerpoint template and Google Slides theme.

presentation for tech company

Yellow OS interface free multipurpose PowerPoint Template and Google Slides Theme + Certificate + Agenda slide. Are you looking for your next professional development presentation template? Look no further! This theme is perfect if you are looking for a simple template where you can just add your content and be […]

Multipurpose Yellow OS interface free presentation template.

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Simple interface with file folders free PowerPoint Template and Google Slides Theme This free PowerPoint template and Google Slides theme features an OS interface with file folders with beautiful colors. It includes a simple certificate layout and an agenda slide for teachers. You can use this template for a techie […]

Simple interface with file folders free slides presentation template.

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Modern with neon accents Free PowerPoint Template and Google Slides Theme Jackson is a modern template with neon color accents and can be used for presentations abut technology – a new product launch, software development, or any other tech-related topic -, for a presentation about a new modern art exhibit, […]

Jackson Modern Neon free slideshow template.

presentation for tech company

Free fun and cool Google Slides and PowerPoint template. Do you want to spice up your presentation with some retro vibes? Then check out this Google Slides and PowerPoint template that has a 90’s look and feel. This template features a bold design with pink, purple and neon yellow colors […]

Fandral, retro vibes with popping colors slides.

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Free template with a retro interface look for Google Slides and PowerPoint. This template has a retro style with a grid background, featuring a colorful interface with geometric shapes. The pink, blue and yellow tones create a vibrant and dynamic look that will catch your audience’s attention. Whether you want […]

Simple retro interface free ppt and slides template.

presentation for tech company

Free template for Google Slides and PowerPoint. Cody is a free template designed for presentations about coding. You can use it for “Code Week”, a “Women who code” conference, or other topics if you like its layouts. As usual, I’ve used theme colors, so if you want its accents to […]

Anyone can code! Free presentation template.

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Free PowerPoint template and Google Slides theme. Free sound waves template for PowerPoint and Google Slides presentations. This free ppt template features colorful soundwaves and it’s perfect for a presentation about music or sounds. Did you know that a sound wave is the pattern of disturbance caused by the movement […]

Sound Waves free slides theme.

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Simple with blue accents. Free template for Google Slides and PowerPoint. A simple yet effective template, that’s Howard. It works very well for a presentation about coding or programming, or even marketing. This deck includes a free certificate template that matches its style. I’ve used theme colors, so if you […]

Howard, free professional slides.

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Neon slides for gamers and streamers. Free template for Google Slides and PowerPoint. Power up your presentation with this slide deck. It features details in neon colors that will absolutely catch your audience attention. Use it for a presentation about online games, streaming services, or technology. This template uses theme […]

Twitch and play. Gamer presentation template.

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Free PowerPoint template and Google Slides theme. Free professional template with holographic gradients as backgrounds. Pitch your business idea like a pro with this free modern holographic template. The text with only border line (no fill color) is made with Word Art (at the moment, you can only achieve this […]

Holo gradients slides template.

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Free PowerPoint template and Google Slides theme. Hendrix is a modern template with a dark background and details with bright gradients. Use this modern template to talk about technology, to present data or even to pitch your business idea. Some of the texts are made with Word Art (this is […]

Hendrix, modern dark slides theme.

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Free PowerPoint template and Google Slides theme. Use this lively slides template to promote safe technology and media for children and teenagers. Or teach about digital citizenship and responsible use of social media. This template is all about social media. You can use to present about its responsible use, or […]

Let’s talk social media presentation template.

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Free PowerPoint template and Google Slides theme. Free modern template for PowerPoint and Google Slides presentations. Need a simple, yet fun template? Lennox is the perfect choice. 3D shapes and bright colors will get your audience attention, for sure! Once you finish presenting, you can send a certificate of attendance, […]

Lennox, presentation template with 3D shapes.

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Free PowerPoint template and Google Slides theme. Free cool template for marketing and social media campaigns. Ready to leave an impression? Felicia will help you with that and then some more… Colorful, cool and bold, this free fun template has it all! If you need Felicia’s colors to match your […]

Felicia, marketing presentation template.

Intel

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How one Utah company is working to fix gender gaps in tech industry

by FRESH LIVING

Vasion

KUTV — For the eighth consecutive year, Utah has been ranked as the worst state in the nation for women's equality, according to WalletHub's annual report, which evaluates over a dozen key indicators, including economic participation, educational attainment, health outcomes, and political representation.

This ranking highlights the ongoing challenges women face in the state and underscores the need for significant progress in achieving gender equality.

However, amidst these challenges, there is a glimmer of hope.

This week, 100 Utah companies will be recognized by the Governor’s office for their dedicated efforts to address this critical issue.

These businesses are stepping up to make a difference and create a more equitable environment for women in the workplace.

One standout among these companies is Vasion with offices in St. George and Lehi. Known for its innovative print automation solutions, Vasion is making headlines not just for its cutting-edge technology but also for its commitment to advancing women in the tech industry.

Melissa Knotts, the chief people officer at Vasion, spoke to Kari Hawker-Diaz about Vasion's work.

For more information visit vasion.com

Follow Fresh Living on social media , subscribe to our newsletter , and check out our podcast for more

Watch Fresh Living every weekday at 1 pm MST on CBS Channel 2, 2 pm on KMYU, and 3 pm on KJZZ

presentation for tech company

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  • Presentations & Speaker Lineup Revealed for IoT Tech Expo Europe Aug 6, 2024
  • UAS Operations Enhanced with Secure Network Technology Aug 6, 2024
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presentation for tech company

Presentations & Speaker Lineup Revealed for IoT Tech Expo Europe

Presentations & Speaker Lineup Revealed for IoT Tech Expo Europe

IoT Tech Expo Europe has announced an esteemed lineup of speakers for the Internet of Things (IoT) technology expo, which is set to take place on 1-2 October 2024 at RAI, Amsterdam.

Presentations & Speaker Lineup Revealed for IoT Tech Expo Europe

This year’s event will feature thought leaders, industry experts, and innovators who will share their insights and expertise on a variety of topics.

This includes IoT, Digital Twins & Enterprise Transformation, IoT Security IoT Connectivity & Connected Devices, Smart Infrastructures & Automation, and Data & Analytics and Edge Platforms.

Speaker Lineup

Speakers at IoT Tech Expo Europe include:

  • Sebastian Grabowski – Head of IoT at Orange
  • Jesper Touboel – VP – EMEA Manufacturing at LEGO
  • Anna Schindler – Director of the Office for Urban Development at City of Zurich
  • Alan Murphy – Regional Manager at Smart Dublin
  • Anand Gandhi – SVP Enterprise IoT Solutions at Eseye
  • Chris Newlands – CEO at Spaceaye
  • Alejandro de la Mata – Manufacturing Process Data Acquisition and Processing Expert – Airbus

Presentations

Along with the speakers, IoT Tech Expo Europe will include a series of presentations on various topics related to the advancement of IoT and its applications across different industries.

Attendees can expect to gain valuable insights and practical strategies from presentations such as:

  • Catalyzing Manufacturing Evolution – Unleashing Efficiency, Automation and Sustainability through Industrial IoT
  • How IoT will change the future of payments
  • Remote Mastery: Leveraging IoT for Seamless Management Across Boundaries
  • Real-time tracking, analysis, and optimisation of locations, delivering insights for fleet tracking, mapping, and location analytics.

Sessions will also cover:

  • 5G and IoT Integration – Unleashing the Power of Connectivity
  • Deploying IoT management tools to achieve production targets
  • Environmental IoT: Sustaining the Future Through Connected Solutions
  • IoT Applications in Telecommunications
  • The current state of IoT security in 2024: What’s around the corner for your organisation?

Event Details

Date: 1-2 October 2024

Time: 9am 1st October – 4pm 2nd October

Location: RAI, Amsterdam

Sophy Searight, Head of Conference at IoT Tech Expo, commented; “We are thrilled to welcome such a distinguished group of speakers to IoT Tech Expo Europe. Their diverse perspectives and wealth of experience will provide invaluable insights to our attendees, fostering learning and inspiration.”

Find out more information about IoT Tech Expo Europe and register here >>

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House bans apps by TikTok parent company from staff devices

by JACKSON WALKER | The National Desk

FILE - The TikTok logo is displayed on a smartphone screen. (AP Photo/Kiichiro Sato, File)

WASHINGTON (TND) — U.S. House of Representatives staff members were informed Tuesday they will no longer be permitted to have products created by Chinese-owned tech company ByteDance on their devices.

The notice, obtained by Axios, names popular social media TikTok among several other services which will be blocked from House devices. Also mentioned are video editor Capcut and photo editor Hypic.

“ByteDance products will be blocked and removed on House-managed devices, starting with mobile devices,” the notice reads. “If you have a ByteDance application on you House-managed mobile device, you will be contacted to remove it.”

Lawmakers continue to be torn over ByteDance products, especially TikTok, which remains popular among U.S. teens and young adults. President Joe Biden signed a measure in April giving ByteDance nine months to sell the platform or face a nationwide ban.

Vice President Kamala Harris, however, appeared to overlook this when she launched her own personal TikTok account last week. The page appears to be capitalizing on Harris’s mounting popularity with young voters.

Former President Donald Trump also appeared to reverse his stance on TikTok after his campaign joined the platform in June. During his presidency, Trump signed an executive order effectively banning TikTok, claiming ByteDance could collect data for Americans’ personal information and give it to the Chinese Communist Party. The full-blown ban never materialized.

The Department of Justice last week accused TikTok of gathering information to gauge users stances toward divisive social issues such as gun control, abortion and religion.

"By directing ByteDance or TikTok to covertly manipulate that algorithm, China could for example further its existing malign influence operations and amplify its efforts to undermine trust in our democracy and exacerbate social divisions," the agency wrote.

Follow Jackson Walker on X at @_jlwalker_ for the latest trending national news. Have a news tip? Send it to [email protected].

Press Releases

Intel reports second-quarter 2024 financial results; announces $10 billion cost reduction plan to increase efficiency and market competitiveness, related documents.

NEWS SUMMARY

  • Second-quarter revenue of $12.8 billion, down 1% year over year (YoY).
  • Second-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $(0.38); non-GAAP EPS attributable to Intel was $0.02.
  • Forecasting third-quarter 2024 revenue of $12.5 billion to $13.5 billion; expecting third-quarter GAAP EPS attributable to Intel of $(0.24); non-GAAP EPS attributable to Intel of $(0.03).
  • Implementing comprehensive reduction in spending, including a more than 15% headcount reduction, to resize and refocus.
  • Suspending dividend starting in the fourth quarter of 2024. The company reiterates its long-term commitment to a competitive dividend as cash flows improve to sustainably higher levels.
  • Achieved key milestones on Intel 18A with the 1.0 Process Design Kit (PDK) released and key power-on of first client and server products on Intel 18A, Panther Lake and Clearwater Forest.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intel Corporation today reported second-quarter 2024 financial results.

“Our Q2 financial performance was disappointing, even as we hit key product and process technology milestones. Second-half trends are more challenging than we previously expected, and we are leveraging our new operating model to take decisive actions that will improve operating and capital efficiencies while accelerating our IDM 2.0 transformation,” said Pat Gelsinger, Intel CEO. “These actions, combined with the launch of Intel 18A next year to regain process technology leadership, will strengthen our position in the market, improve our profitability and create shareholder value.”

“Second-quarter results were impacted by gross margin headwinds from the accelerated ramp of our AI PC product, higher than typical charges related to non-core businesses and the impact from unused capacity,” said David Zinsner, Intel CFO. “By implementing our spending reductions, we are taking proactive steps to improve our profits and strengthen our balance sheet. We expect these actions to meaningfully improve liquidity and reduce our debt balance while enabling us to make the right investments to drive long-term value for shareholders.”

Cost-Reduction Plan

As Intel nears the completion of rebuilding a sustainable engine of process technology leadership, it announced a series of initiatives to create a sustainable financial engine that accelerates profitable growth, enables further operational efficiency and agility, and creates capacity for ongoing strategic investment in technology and manufacturing leadership. These initiatives follow the establishment of separate financial reporting for Intel Products and Intel Foundry, which provides a "clean sheet" view of the business and has uncovered significant opportunities to drive meaningful operational and cost efficiencies. The actions include structural and operating realignment across the company, headcount reductions, and operating expense and capital expenditure reductions of more than $10 billion in 2025 compared to previous estimates. As a result of these actions, Intel aims to achieve clear line of sight toward a sustainable business model with the ongoing financial resources and liquidity needed to support the company’s long-term strategy.

The plan will enable the next phase of the company’s multiyear transformation strategy, and is focused on four key priorities:

  • Reducing Operating Expenses: The company will streamline its operations and meaningfully cut spending and headcount, reducing non-GAAP R&D and marketing, general and administrative (MG&A) to approximately $20 billion in 2024 and approximately $17.5 billion in 2025, with further reductions expected in 2026. Intel expects to reduce headcount by greater than 15% with the majority completed by the end of 2024.
  • Reducing Capital Expenditures: With the end of its historic five-nodes-in-four-years journey firmly in sight, Intel is now shifting its focus toward capital efficiency and investment levels aligned to market requirements. This will reduce gross capital expenditures* in 2024 by more than 20% from prior projections, bringing gross capital expenditures in 2024 to between $25 billion and $27 billion. Intel expects net capital spending* in 2024 of between $11 billion and $13 billion. In 2025, the company is targeting gross capital expenditures between $20 billion and $23 billion and net capital spending between $12 billion and $14 billion.
  • Reducing Cost of Sales: The company expects to generate $1 billion in savings in non-variable cost of sales in 2025. Product mix will continue to be a headwind next year, contributing to modest YoY improvements to 2025's gross margin.
  • Maintaining Core Investments to Execute Strategy: The company continues to advance its long-term innovation and path to leadership across process technology and products, and the increased efficiency from its actions is expected to further support its execution. In addition, Intel continues to sustain investments to build a resilient and sustainable semiconductor supply chain in the United States and around the world.

Intel is taking the added step of suspending the dividend starting in the fourth quarter, recognizing the importance of prioritizing liquidity to support the investments needed to execute its strategy. The company reiterates its long-term commitment to a competitive dividend as cash flows improve to sustainably higher levels.

Q2 2024 Financial Highlights

 

 

Revenue ($B)

$12.8

$12.9

down 1%

 

 

 

Gross Margin

35.4%

35.8%

down 0.4 ppt

38.7%

39.8%

down 1.1 ppts

R&D and MG&A ($B)

$5.6

$5.5

up 2%

$4.9

$4.7

up 5%

Operating Margin

(15.3)%

(7.8)%

down 7.5 ppts

0.2%

3.5%

down 3.3 ppts

Tax Rate

17.5%

280.5%

n/m**

13.0%

13.0%

Net Income (loss) Attributable to Intel ($B)

$(1.6)

$1.5

n/m**

$0.1

$0.5

down 85%

Earnings (loss) Per Share Attributable to Intel

$(0.38)

$0.35

n/m**

$0.02

$0.13

down 85%

In the second quarter, the company generated $2.3 billion in cash from operations and paid dividends of $0.5 billion.

 

Business Unit Summary

Intel previously announced the implementation of an internal foundry operating model, which took effect in the first quarter of 2024 and created a foundry relationship between its Intel Products business (collectively CCG, DCAI and NEX) and its Intel Foundry business (including Foundry Technology Development, Foundry Manufacturing and Supply Chain, and Foundry Services (formerly IFS)). The foundry operating model is a key component of the company's strategy and is designed to reshape operational dynamics and drive greater transparency, accountability, and focus on costs and efficiency. The company also previously announced its intent to operate Altera ® as a standalone business beginning in the first quarter of 2024. Altera was previously included in DCAI's segment results. As a result of these changes, the company modified its segment reporting in the first quarter of 2024 to align to this new operating model. All prior-period segment data has been retrospectively adjusted to reflect the way the company internally receives information and manages and monitors its operating segment performance starting in fiscal year 2024. There are no changes to Intel’s consolidated financial statements for any prior periods.

Intel Products:

 

 

Client Computing Group (CCG)

$7.4 billion

up 9%

Data Center and AI (DCAI)

$3.0 billion

down 3%

Network and Edge (NEX)

$1.3 billion

down 1%

Total Intel Products revenue

$11.8 billion

up 4%

Intel Foundry

$4.3 billion

up 4%

All other:

 

 

Altera

$361 million

down 57%

Mobileye

$440 million

down 3%

Other

$167 million

up 43%

Total all other revenue

$968 million

down 32%

Intersegment eliminations

$(4.3) billion

 

Total net revenue

$12.8 billion

down 1%

Intel Products Highlights

  • CCG: Intel continues to define and drive the AI PC category, shipping more than 15 million AI PCs since December 2023, far more than all of Intel's competitors combined, and on track to ship more than 40 million AI PCs by year-end. Lunar Lake, the company’s next-generation AI CPU, achieved production release in July 2024, ahead of schedule, with shipments starting in the third quarter. Lunar Lake will power over 80 new Copilot+ PCs across more than 20 OEMs.
  • DCAI: More than 130 million Intel ® Xeon ® processors power data centers around the world today, and at Computex Intel introduced its next-generation Intel ® Xeon ® 6 processor with Efficient-cores (E-cores), code-named Sierra Forest, marking the company’s first Intel 3 server product architected for high-density, scale-out workloads. Intel expects Intel ® Xeon ® 6 processors with Performance-cores (P-cores), code-named Granite Rapids, to begin shipping in the third quarter of 2024. The Intel ® Gaudi ® 3 AI accelerator is also on track to launch in the third quarter and is expected to deliver roughly two-times the performance per dollar on both inference and training versus the leading competitor.
  • NEX: Intel announced an array of AI-optimized scale-out Ethernet solutions, including the Intel AI network interface card and foundry chiplets that will launch next year. New infrastructure processing unit (IPU) adaptors for the enterprise are now broadly available and supported by Dell Technologies, Red Hat and others. IPUs will play an increasingly important role in Intel’s accelerator portfolio, which the company expects will help drive AI data center growth and profitability in 2025 and beyond. Additionally, Intel and others announced the creation of the Ultra Accelerator Link, a new industry standard dedicated to advancing high-speed, low-latency communication for scale-up AI systems communication in data centers.

Intel Foundry Highlights

  • Intel is nearing the completion of its promised five-nodes-in-four-years strategy, with Intel 18A on track to be manufacturing-ready by the end of this year and production wafer start volumes in the first half of 2025. In July 2024, Intel released to foundry customers the 1.0 PDK for Intel 18A. The company’s first two Intel 18A products, Panther Lake for client — the first microprocessor to use RibbonFet, PowerVia and advanced packaging — and Clearwater Forest for servers, are on track to launch in 2025.
  • Ansys, Cadence, Siemens, and Synopsys announced the availability of reference flows for Intel’s embedded multi-die interconnect bridge (EMIB) advanced packaging technology, which simplifies the design process and offers design flexibility. The companies also declared readiness for Intel 18A designs.
  • During the quarter, Intel named industry veteran Kevin O'Buckley to lead Foundry Services. The company also recently appointed Dr. Naga Chandrasekaran to lead Intel Foundry Manufacturing and Supply Chain. Their leadership will support Intel’s continued development of the first systems foundry for the AI era.

Other Highlights

Intel announced its second Semiconductor Co-Investment Program (SCIP) agreement, the formation of a joint venture with Apollo related to Intel’s Fab 34 in Ireland. SCIP is an element of Intel’s Smart Capital strategy, a funding approach designed to create financial flexibility to accelerate the company’s strategy, including investing in its global manufacturing operations, while maintaining a strong balance sheet.

Q3 2024 Dividend

The company announced that its board of directors has declared a quarterly dividend of $0.125 per share on the company’s common stock, which will be payable Sept. 1, 2024, to shareholders of record as of Aug. 7, 2024.

As noted earlier, Intel is suspending the dividend starting in the fourth quarter.

Business Outlook

Intel's guidance for the third quarter of 2024 includes both GAAP and non-GAAP estimates as follows:

 

 

Revenue

 

$12.5-13.5 billion

 

 

Gross Margin

 

34.5%

 

38.0%

Tax Rate

 

34%

 

13%

Earnings (Loss) Per Share Attributable to Intel—Diluted

 

$(0.24)

 

$(0.03)

Reconciliations between GAAP and non-GAAP financial measures are included below. Actual results may differ materially from Intel’s business outlook as a result of, among other things, the factors described under “Forward-Looking Statements” below. The gross margin and EPS outlook are based on the mid-point of the revenue range.

Earnings Webcast

Intel will hold a public webcast at 2 p.m. PDT today to discuss the results for its second quarter of 2024. The live public webcast can be accessed on Intel's Investor Relations website at www.intc.com . The corresponding earnings presentation and webcast replay will also be available on the site.

Forward-Looking Statements

This release contains forward-looking statements that involve a number of risks and uncertainties. Words such as "accelerate", "achieve", "aim", "ambitions", "anticipate", "believe", "committed", "continue", "could", "designed", "estimate", "expect", "forecast", "future", "goals", "grow", "guidance", "intend", "likely", "may", "might", "milestones", "next generation", "objective", "on track", "opportunity", "outlook", "pending", "plan", "position", "possible", "potential", "predict", "progress", "ramp", "roadmap", "seek", "should", "strive", "targets", "to be", "upcoming", "will", "would", and variations of such words and similar expressions are intended to identify such forward-looking statements, which may include statements regarding:

  • our business plans and strategy and anticipated benefits therefrom, including with respect to our IDM 2.0 strategy, Smart Capital strategy, partnerships with Apollo and Brookfield, internal foundry model, updated reporting structure, and AI strategy;
  • projections of our future financial performance, including future revenue, gross margins, capital expenditures, and cash flows;
  • projected costs and yield trends;
  • future cash requirements, the availability, uses, sufficiency, and cost of capital resources, and sources of funding, including for future capital and R&D investments and for returns to stockholders, such as stock repurchases and dividends, and credit ratings expectations;
  • future products, services, and technologies, and the expected goals, timeline, ramps, progress, availability, production, regulation, and benefits of such products, services, and technologies, including future process nodes and packaging technology, product roadmaps, schedules, future product architectures, expectations regarding process performance, per-watt parity, and metrics, and expectations regarding product and process leadership;
  • investment plans and impacts of investment plans, including in the US and abroad;
  • internal and external manufacturing plans, including future internal manufacturing volumes, manufacturing expansion plans and the financing therefor, and external foundry usage;
  • future production capacity and product supply;
  • supply expectations, including regarding constraints, limitations, pricing, and industry shortages;
  • plans and goals related to Intel's foundry business, including with respect to anticipated customers, future manufacturing capacity and service, technology, and IP offerings;
  • expected timing and impact of acquisitions, divestitures, and other significant transactions, including the sale of our NAND memory business;
  • expected completion and impacts of restructuring activities and cost-saving or efficiency initiatives;
  • future social and environmental performance goals, measures, strategies, and results;
  • our anticipated growth, future market share, and trends in our businesses and operations;
  • projected growth and trends in markets relevant to our businesses;
  • anticipated trends and impacts related to industry component, substrate, and foundry capacity utilization, shortages, and constraints;
  • expectations regarding government incentives;
  • future technology trends and developments, such as AI;
  • future macro environmental and economic conditions;
  • geopolitical tensions and conflicts and their potential impact on our business;
  • tax- and accounting-related expectations;
  • expectations regarding our relationships with certain sanctioned parties; and
  • other characterizations of future events or circumstances.

Such statements involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied, including those associated with:

  • the high level of competition and rapid technological change in our industry;
  • the significant long-term and inherently risky investments we are making in R&D and manufacturing facilities that may not realize a favorable return;
  • the complexities and uncertainties in developing and implementing new semiconductor products and manufacturing process technologies;
  • our ability to time and scale our capital investments appropriately and successfully secure favorable alternative financing arrangements and government grants;
  • implementing new business strategies and investing in new businesses and technologies;
  • changes in demand for our products;
  • macroeconomic conditions and geopolitical tensions and conflicts, including geopolitical and trade tensions between the US and China, the impacts of Russia's war on Ukraine, tensions and conflict affecting Israel and the Middle East, and rising tensions between mainland China and Taiwan;
  • the evolving market for products with AI capabilities;
  • our complex global supply chain, including from disruptions, delays, trade tensions and conflicts, or shortages;
  • product defects, errata and other product issues, particularly as we develop next-generation products and implement next-generation manufacturing process technologies;
  • potential security vulnerabilities in our products;
  • increasing and evolving cybersecurity threats and privacy risks;
  • IP risks including related litigation and regulatory proceedings;
  • the need to attract, retain, and motivate key talent;
  • strategic transactions and investments;
  • sales-related risks, including customer concentration and the use of distributors and other third parties;
  • our significantly reduced return of capital in recent years;
  • our debt obligations and our ability to access sources of capital;
  • complex and evolving laws and regulations across many jurisdictions;
  • fluctuations in currency exchange rates;
  • changes in our effective tax rate;
  • catastrophic events;
  • environmental, health, safety, and product regulations;
  • our initiatives and new legal requirements with respect to corporate responsibility matters; and
  • other risks and uncertainties described in this release, our 2023 Form 10-K, and our other filings with the SEC.

Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business.

Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this filing. In addition, the forward-looking statements in this release are based on management's expectations as of the date of this release, unless an earlier date is specified, including expectations based on third-party information and projections that management believes to be reputable. We do not undertake, and expressly disclaim any duty, to update such statements, whether as a result of new information, new developments, or otherwise, except to the extent that disclosure may be required by law.

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

© Intel Corporation. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

Intel Corporation

Consolidated Condensed Statements of Income and Other Information

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

 

8,286

 

 

 

8,311

 

 

 

 

 

 

 

Research and development

 

 

4,239

 

 

 

4,080

 

Marketing, general, and administrative

 

 

1,329

 

 

 

1,374

 

Restructuring and other charges

 

 

943

 

 

 

200

 

 

 

 

 

 

 

 

 

 

 

Gains (losses) on equity investments, net

 

 

(120

)

 

 

(24

)

Interest and other, net

 

 

80

 

 

 

224

 

 

 

 

 

Provision for (benefit from) taxes

 

 

(350

)

 

 

(2,289

)

 

 

 

 

 

Less: Net income (loss) attributable to non-controlling interests

 

 

(44

)

 

 

(8

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of employee equity incentive plans

 

 

 

 

 

14

 

 

 

 

 

 

 

 

 

 

Employees

 

 

 

Intel

116.5

116.4

118.1

Mobileye and other subsidiaries

5.3

5.2

4.7

NAND

3.5

3.6

4.0

Total Intel

Employees of the NAND memory business, which we divested to SK hynix on completion of the first closing on December 29, 2021 and fully deconsolidated in Q1 2022. Upon completion of the second closing of the divestiture, which remains pending and subject to closing conditions, the NAND employees will be excluded from the total Intel employee number.

Intel Corporation

Consolidated Condensed Balance Sheets

 

 

 

 

 

 

 

Current assets:

 

 

 

 

Cash and cash equivalents

 

$

11,287

 

 

$

7,079

 

Short-term investments

 

 

17,986

 

 

 

17,955

 

Accounts receivable, net

 

 

3,131

 

 

 

3,402

 

Inventories

 

 

 

 

Raw materials

 

 

1,284

 

 

 

1,166

 

Work in process

 

 

6,294

 

 

 

6,203

 

Finished goods

 

 

3,666

 

 

 

3,758

 

 

 

 

 

 

 

 

Other current assets

 

 

7,181

 

 

 

3,706

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

Short-term debt

 

$

4,695

 

 

$

2,288

 

Accounts payable

 

 

9,618

 

 

 

8,578

 

Accrued compensation and benefits

 

 

2,651

 

 

 

3,655

 

Income taxes payable

 

 

1,856

 

 

 

1,107

 

Other accrued liabilities

 

 

13,207

 

 

 

12,425

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stockholders’ equity:

 

 

 

 

Common stock and capital in excess of par value, 4,276 issued and outstanding (4,228 issued and outstanding as of December 30, 2023)

 

 

49,763

 

 

 

36,649

 

Accumulated other comprehensive income (loss)

 

 

(696

)

 

 

(215

)

Retained earnings

 

 

66,162

 

 

 

69,156

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intel Corporation

Consolidated Condensed Statements of Cash Flows

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows provided by (used for) operating activities:

 

 

 

 

Net income (loss)

 

 

(2,091

)

 

 

(1,295

)

Adjustments to reconcile net income (loss) to net cash provided by operating activities:

 

 

 

 

Depreciation

 

 

4,403

 

 

 

3,733

 

Share-based compensation

 

 

1,959

 

 

 

1,661

 

Restructuring and other charges

 

 

1,291

 

 

 

255

 

Amortization of intangibles

 

 

717

 

 

 

909

 

(Gains) losses on equity investments, net

 

 

(84

)

 

 

(146

)

Changes in assets and liabilities:

 

 

 

 

Accounts receivable

 

 

272

 

 

 

1,137

 

Inventories

 

 

(116

)

 

 

1,240

 

Accounts payable

 

 

184

 

 

 

(1,102

)

Accrued compensation and benefits

 

 

(1,309

)

 

 

(1,340

)

Income taxes

 

 

(2,174

)

 

 

(2,186

)

Other assets and liabilities

 

 

(1,983

)

 

 

(1,843

)

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows provided by (used for) investing activities:

 

 

 

 

Additions to property, plant, and equipment

 

 

(11,652

)

 

 

(13,301

)

Proceeds from capital-related government incentives

 

 

699

 

 

 

49

 

Purchases of short-term investments

 

 

(17,634

)

 

 

(25,696

)

Maturities and sales of short-term investments

 

 

17,214

 

 

 

26,957

 

Other investing

 

 

(355

)

 

 

662

 

 

 

 

 

Cash flows provided by (used for) financing activities:

 

 

 

 

Issuance of commercial paper, net of issuance costs

 

 

5,804

 

 

 

 

Repayment of commercial paper

 

 

(2,609

)

 

 

(3,944

)

Payments on finance leases

 

 

 

 

 

(96

)

Partner contributions

 

 

11,861

 

 

 

834

 

Proceeds from sales of subsidiary shares

 

 

 

 

 

1,573

 

Issuance of long-term debt, net of issuance costs

 

 

2,975

 

 

 

10,968

 

Repayment of debt

 

 

(2,288

)

 

 

 

Proceeds from sales of common stock through employee equity incentive plans

 

 

631

 

 

 

665

 

Payment of dividends to stockholders

 

 

(1,063

)

 

 

(2,036

)

Other financing

 

 

(444

)

 

 

(453

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intel Corporation

Supplemental Operating Segment Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Desktop

 

$

2,527

 

 

$

2,370

 

Notebook

 

 

4,480

 

 

 

3,896

 

Other

 

 

403

 

 

 

514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Altera

 

 

361

 

 

 

848

 

Mobileye

 

 

440

 

 

 

454

 

Other

 

 

167

 

 

 

117

 

 

 

 

 

 

 

 

 

 

 

Intersegment eliminations

 

 

(4,254

)

 

 

(3,941

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Altera

 

 

(25

)

 

 

346

 

Mobileye

 

 

72

 

 

 

129

 

Other

 

 

(82

)

 

 

(120

)

 

 

 

 

 

 

 

 

 

Intersegment eliminations

 

 

(291

)

 

 

(413

)

Corporate unallocated expenses

 

 

(1,720

)

 

 

(1,608

)

 

 

For information about our operating segments, including the nature of segment revenues and expenses, and a reconciliation of our operating segment revenue and operating income (loss) to our consolidated results, refer to our Form 10-K filed on January 26, 2024, Form 8-K furnished on April 2, 2024 and 10-Q filed on August 1, 2024.

Intel Corporation Explanation of Non-GAAP Measures

In addition to disclosing financial results in accordance with US GAAP, this document contains references to the non-GAAP financial measures below. We believe these non-GAAP financial measures provide investors with useful supplemental information about our operating performance, enable comparison of financial trends and results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business and measuring our performance. Some of these non-GAAP financial measures are used in our performance-based RSUs and our cash bonus plans.

Our non-GAAP financial measures reflect adjustments based on one or more of the following items, as well as the related income tax effects. Income tax effects are calculated using a fixed long-term projected tax rate of 13% across all adjustments. We project this long-term non-GAAP tax rate on at least an annual basis using a five-year non-GAAP financial projection that excludes the income tax effects of each adjustment. The projected non-GAAP tax rate also considers factors such as our tax structure, our tax positions in various jurisdictions, and key legislation in significant jurisdictions where we operate. This long-term non-GAAP tax rate may be subject to change for a variety of reasons, including the rapidly evolving global tax environment, significant changes in our geographic earnings mix, or changes to our strategy or business operations. Management uses this non-GAAP tax rate in managing internal short- and long-term operating plans and in evaluating our performance; we believe this approach facilitates comparison of our operating results and provides useful evaluation of our current operating performance.

Our non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the financial results calculated in accordance with US GAAP and reconciliations from these results should be carefully evaluated.

Acquisition-related adjustments

Amortization of acquisition-related intangible assets consists of amortization of intangible assets such as developed technology, brands, and customer relationships acquired in connection with business combinations. Charges related to the amortization of these intangibles are recorded within both cost of sales and MG&A in our US GAAP financial statements. Amortization charges are recorded over the estimated useful life of the related acquired intangible asset, and thus are generally recorded over multiple years.

 

We exclude amortization charges for our acquisition-related intangible assets for purposes of calculating certain non-GAAP measures because these charges are inconsistent in size and are significantly impacted by the timing and valuation of our acquisitions. These adjustments facilitate a useful evaluation of our current operating performance and comparison to our past operating performance and provide investors with additional means to evaluate cost and expense trends.

 

Share-based compensation

Share-based compensation consists of charges related to our employee equity incentive plans.

We exclude charges related to share-based compensation for purposes of calculating certain non-GAAP measures because we believe these adjustments provide comparability to peer company results and because these charges are not viewed by management as part of our core operating performance. We believe these adjustments provide investors with a useful view, through the eyes of management, of our core business model, how management currently evaluates core operational performance, and additional means to evaluate expense trends, including in comparison to other peer companies.

 

Restructuring and other charges

Restructuring charges are costs associated with a restructuring plan and are primarily related to employee severance and benefit arrangements. Other charges include periodic goodwill and asset impairments, and costs associated with restructuring activity. Q2 2024 includes a charge arising out of the R2 litigation.

We exclude restructuring and other charges, including any adjustments to charges recorded in prior periods, for purposes of calculating certain non-GAAP measures because these costs do not reflect our core operating performance. These adjustments facilitate a useful evaluation of our core operating performance and comparisons to past operating results and provide investors with additional means to evaluate expense trends.

 

(Gains) losses on equity investments, net

(Gains) losses on equity investments, net consists of ongoing mark-to-market adjustments on marketable equity securities, observable price adjustments on non-marketable equity securities, related impairment charges, and the sale of equity investments and other.

 

We exclude these non-operating gains and losses for purposes of calculating certain non-GAAP measures because it provides comparability between periods. The exclusion reflects how management evaluates the core operations of the business.

 

(Gains) losses from divestiture

(Gains) losses are recognized at the close of a divestiture, or over a specified deferral period when deferred consideration is received at the time of closing. Based on our ongoing obligation under the NAND wafer manufacturing and sale agreement entered into in connection with the first closing of the sale of our NAND memory business on December 29, 2021, a portion of the initial closing consideration was deferred and will be recognized between first and second closing.

 

We exclude gains or losses resulting from divestitures for purposes of calculating certain non-GAAP measures because they do not reflect our current operating performance. These adjustments facilitate a useful evaluation of our current operating performance and comparisons to past operating results.

Adjusted free cash flow

We reference a non-GAAP financial measure of adjusted free cash flow, which is used by management when assessing our sources of liquidity, capital resources, and quality of earnings. Adjusted free cash flow is operating cash flow adjusted for (1) additions to property, plant, and equipment, net of proceeds from capital-related government incentives and partner contributions, and (2) payments on finance leases.

 

This non-GAAP financial measure is helpful in understanding our capital requirements and sources of liquidity by providing an additional means to evaluate the cash flow trends of our business.

Net capital spending

We reference a non-GAAP financial measure of net capital spending, which is additions to property, plant, and equipment, net of proceeds from capital-related government incentives and partner contributions.

We believe this measure provides investors with useful supplemental information about our capital investment activities and capital offsets, and allows for greater transparency with respect to a key metric used by management in operating our business and measuring our performance.

 

Intel Corporation Supplemental Reconciliations of GAAP Actuals to Non-GAAP Actuals

Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the reconciliations from US GAAP to Non-GAAP actuals should be carefully evaluated. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors.

 

 

 

Acquisition-related adjustments

 

224

 

 

306

 

Share-based compensation

 

195

 

 

210

 

 

 

 

 

Acquisition-related adjustments

 

1.7

%

 

2.4

%

Share-based compensation

 

1.5

%

 

1.6

%

 

 

 

 

Acquisition-related adjustments

 

(41

)

 

(44

)

Share-based compensation

 

(585

)

 

(712

)

 

 

Acquisition-related adjustments

 

265

 

 

350

 

Share-based compensation

 

780

 

 

922

 

Restructuring and other charges

 

943

 

 

200

 

 

 

 

 

Acquisition-related adjustments

 

2.1

%

 

2.7

%

Share-based compensation

 

6.1

%

 

7.1

%

Restructuring and other charges

 

7.3

%

 

1.5

%

 

 

 

 

Income tax effects

 

(4.5

)%

 

(267.5

)%

 

 

 

Acquisition-related adjustments

 

265

 

 

350

 

Share-based compensation

 

780

 

 

922

 

Restructuring and other charges

 

943

 

 

200

 

(Gains) losses on equity investments, net

 

120

 

 

24

 

(Gains) losses from divestiture

 

(39

)

 

(39

)

Adjustments attributable to non-controlling interest

 

(18

)

 

(18

)

Income tax effects

 

(358

)

 

(2,373

)

 

 

 

 

 

 

 

Acquisition-related adjustments

 

0.06

 

 

0.08

 

Share-based compensation

 

0.18

 

 

0.22

 

Restructuring and other charges

 

0.22

 

 

0.05

 

(Gains) losses on equity investments, net

 

0.03

 

 

0.01

 

(Gains) losses from divestiture

 

(0.01

)

 

(0.01

)

Adjustments attributable to non-controlling interest

 

 

 

 

Income tax effects

 

(0.08

)

 

(0.57

)

 

 

 

 

 

 

 

Net partner contributions and incentives received (cash expended) for property plant and equipment

 

5,863

 

 

(5,454

)

Payments on finance leases

 

 

 

(81

)

 

 

 

 

Intel Corporation Supplemental Reconciliations of GAAP Outlook to Non-GAAP Outlook

Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the financial outlook prepared in accordance with US GAAP and the reconciliations from this Business Outlook should be carefully evaluated. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors.

 

 

Approximately

 

Acquisition-related adjustments

 

1.7

%

Share-based compensation

 

1.8

%

 

 

 

 

Income tax effects

 

(21

)%

 

 

 

Acquisition-related adjustments

 

0.06

 

Share-based compensation

 

0.23

 

Restructuring and other charges

 

0.06

 

(Gains) losses from divestiture

 

(0.01

)

Adjustments attributable to non-controlling interest

 

 

Income tax effects

 

(0.13

)

Non-GAAP gross margin percentage and non-GAAP EPS outlook based on the mid-point of the revenue range.

Intel Corporation Supplemental Reconciliations of Other GAAP to Non-GAAP Forward-Looking Estimates

Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the reconciliations should be carefully evaluated. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors.

 

 

 

 

Approximately

 

Approximately

 

 

 

 

 

 

 

Acquisition-related adjustments

 

(0.2)

 

(0.1)

Share-based compensation

 

(2.7)

 

(2.5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Proceeds from capital-related government incentives

 

(1.5 - 3.5)

 

(4.0 - 6.0)

Partner contributions

 

(12.5)

 

(4.0 - 5.0)

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240801042170/en/

Kylie Altman Investor Relations 1-916-356-0320 [email protected] Penny Bruce Media Relations 1-408-893-0601 [email protected]

Source: Intel Corporation

Released Aug 1, 2024 • 4:01 PM EDT

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A CIO canceled a Microsoft AI deal. The reason should worry the entire tech industry.

  • A pharma company stopped using Microsoft's Copilot AI tool, with an exec citing high cost and low value.
  • The company used Office 365 Copilot for 500 staff and compared it to middle-school presentations.
  • Microsoft is mulling repackaging 365 licenses to better monetize AI features amid record spending.

Insider Today

AI models and tools look great when researchers measure success with their own wonky benchmarks. When paying customers try this technology in the real world, things can get ugly.

That's what happened when an IT executive at a pharmaceutical company tried out Microsoft's Copilot AI features, according to a recent research note from Morgan Stanley.

The chief information officer of this pharma company paid extra to have 500 employees use Office 365 Copilot in the fourth quarter of 2023 and first quarter of 2024. This is Microsoft 's much-heralded AI upgrade to its popular suite of productivity software.

After six months, the exec canceled the upgrade because the AI tools weren't good enough to be worth the extra money.

In fact, he compared the slide-generation capability of Microsoft's AI tools to "middle school presentations," according to a transcript of a call with the Morgan Stanley analysts that was included in their research note.

"The price is double," the executive, identified only as Greg, said. "And we really just do not see the value we're getting out of those tools worth double."

The E3 version of Microsoft's 365 software suite costs about $34 per user a month. Adding Copilot AI features costs another $30 per user a month. For 500 employees, that would roughly add an extra $180,000 a year.

These new Microsoft tools are considered some of the premier examples of powerful artificial intelligence in action in the real world. Investors have bid up Microsoft and other big tech shares massively, betting that this product and similar offerings will catch on with paying customers.

If a large pharma company can't see $180,000 of value in these tools, that's a problem that should worry the entire tech industry.

Legal issues with AI meeting summaries

The 365 Copilot AI feature that the IT executive found more compelling was the ability to archive and summarize video meetings on Microsoft's Teams app. But he said his legal team was wary of retaining meeting transcripts, so the pharma company didn't use that feature.

Related stories

"What you're left with are tools that are along the lines of building ChatGPT instead of Word, which I think is marginally useful at best," the exec said. "Building a generative AI slide capability, which really is at the quality of middle school presentations at this point. And then Excel, which is, again, not really something that most people who use spreadsheets would think of using it."

He added that the company would consider adopting Office 365 Copilot for a subset of employees if it cost a fraction of its current price.

Microsoft must recoup big AI investments

The comments follow internal concerns at Microsoft about whether its AI services will create enough value to persuade corporate customers to pay more.

Wall Street is also wondering how Microsoft will recoup its massive AI spending. The company is amassing 1.8 million graphics processing units to build and run AI models and related products. It also has a plan to triple data-center capacity, mainly to handle AI workloads. Its capital expenditure hit a record $14 billion in the most recent quarter. A company spokesperson did not respond to a request for comment.

Microsoft is considering revamping the way it packages 365 software licenses like E3 to try to make more money from AI. The outcomes could include repackaging AI features into existing licenses or creating a more expensive bundle with Copilot AI capabilities, a person with direct knowledge of the plan said.

Do you work at Microsoft or have insight to share?

Contact Ashley Stewart via the encrypted messaging app Signal (+1-425-344-8242) or email ( [email protected] ). Use a nonwork device.

Watch: Volkswagen is using AI to speed up and scale marketing, while also integrating ChatGPT into its vehicles, says CMO Susanne Franz

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