Intel restructures segment reporting with new foundry model, Altera standalone

INTEL CORP

Intel Products (CCG, DCAI, NEX) and Intel Foundry become separate segments effective Q1 2024.
Altera (formerly PSG) reports as a standalone segment starting Q1 2024.
Prior-period segment data retrospectively adjusted; no change to consolidated 2023 financials.
Exhibit 99.1 recasts 2023 segment financials to align with new structure (not included in filing excerpt).

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