Intel Investor Presentation — April 2019

Document content

EARNINGS Presentation2Disclosures

This presentation contains non -GAAP financial measures relating to our performance. You can find the reconciliation of these me asures to

the most directly comparable GAAP financial measure in the Appendix at the end of this presentation. The non -GAAP financial meas ures

disclosed by Intel should not be considered a substitute for, or superior to, the financial measures prepared in accordance w ithGAAP. Please

refer to “Explanation of Non -GAAP Measures” in Intel's quarterly earnings release for a detailed explanation of the adjustments made to the

comparable GAAP measures, the ways management uses the non -GAAP measures and the reasons why management believes the non -GAAP

measures provide investors with useful supplemental information.

Statements in this presentation that refer to business outlook, future plans and expectations are forward -looking statements tha t involve a

number of risks and uncertainties. Words such as "anticipates," "expects," "intends," "goals," "plans," "believes," "seeks," "estimates,"

"continues," "may," "will," “would,” "should," “could,” and variations of such words and similar expressions are intended to identify such

forward -looking statements. Statements that refer to or are based on estimates, forecasts, projections, uncertain events or assu mptions,

including statements relating to total addressable market (TAM) or market opportunity, future products and the expected avail ability and

benefits of such products, and anticipated trends in our businesses or the markets relevant to them, also identify forward -looki ng statements.

Such statements are based on management's expectations as of April 25, 2019 and involve many risks and uncertainties that cou ld cause

actual results to differ materially from those expressed or implied in these forward -looking statements. Important factors that could cause