Risk factorsToday’s presentation contains forward-looking statements

All statements made that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially.

Please refer to our recent Q2 earnings release, our form 10-K, and most recent 10-Q for more info on the risk factors that could cause actual results to differ.

If we use any non-GAAP financial measures during the presentations, you will find on our website, www.INTC.com, the required reconciliation to the most directly comparable GAAP financial measure.

Beginning with our earnings release in the first quarter of 2017 (April 27), our business outlook now sunsets the immediately following release, bringing our practice in line with virtually all of our peers.

Data is the new oilRob crooke

Senior Vice President and General Manager,Non-Volatile Memory (NVM) Solutions Group

NSG Strategy: Adjacent, Disruptive Growth

TechnologyDriven

Platformconnected

Customer inspired

Every day data is exploding

1.5 GB 4,000 GB3,000 GB40 K GB

12

3

4

51 M GB

1. Source: http://www.cisco.com/c/en/us/solutions/service-provider/vni-network-traffic-forecast/infographic.html2. Source: http://www.cisco.com/c/en/us/solutions/collateral/service-provider/global-cloud-index-gci/Cloud_Index_White_Paper.html

3. Source: https://datafloq.com/read/self-driving-cars-create-2-petabytes-data-annually/1724. Source: http://www.cisco.com/c/en/us/solutions/collateral/service-provider/global-cloud-index-gci/Cloud_Index_White_Paper.html5. Source: http://www.cisco.com/c/en/us/solutions/collateral/service-provider/global-cloud-index-gci/Cloud_Index_White_Paper.html

40 K GB4Airplane Data

1.5 GB1AVG. USER

3,000 GB2Smart Hospital

4,000 GB3Auto Automobile

1 M GB5Smart Factory

Data and CPU want to be closer together But Economics Keep Them Apart

Footnotes: Sources listed on foil 3 of this presentationCPUDELAY MORELESSCOST HIGHERLOWER

40 K GB4Airplane Data

1.5 GB1AVG. USER

3,000 GB2Smart Hospital

4,000 GB3Auto Automobile

1 M GB5Smart Factory

Tier by

warm data

Cold data

Hot data

Footnotes: Sources listed on foil 3 of this presentationCPUDELAY MORELESSCOST HIGHERLOWER

40 K GB4Airplane Data

1.5 GB1AVG. USER

3,000 GB2Smart Hospital

4,000 GB3Auto Automobile

1 M GB5Smart Factory

HDD

ssd

DRAM

Innovation in technologyTo Address The Different Tiers

Footnotes: Sources listed on foil 3 of this presentationCPUDELAY MORELESSCOST HIGHERLOWER

Intel® is investing Intel® 3D NAND

technology

lower cost & higher density

“Warm Data” Higher Performance

“HOT DATA”

Intel® Optane™ technology

CPUDELAY MORELESSCOST HIGHERLOWER

The First 64Layer 3D NAND SSD to market

CPUDELAY MORELESSCOST HIGHERLOWER

Intel® 3D NAND technology

lower cost & higher density

“Warm Data” “Stunning performance to say the least. Intel is upping the game, and doing it with

affordable TLC flash.”– Tweak Town, May 2017

“A sparkling entry-level SSD, the SSD 545s Series leverages new 64-layer TLC flash memory to deliver

solid performance and above-average endurance ratings at a slight premium over competing drives.”

- Computer Shopper

Intel® Optane™ Technology first to market

Higher Performance

“HOT DATA”

Intel® Optane™ technology

CPUDELAY MORELESSCOST HIGHERLOWER

“The drive itself can deliver 71,000 IOPS at QD1. That is faster than any SSD ever sold”

- Tom’s Hardware, April 2017

“It turns out that Optane is everything it was cracked up to be. The Naysayers have

turned out to be wrong.” - Tweaktown, May 2017

Mega-martNAND

24,000 bottles of beer

3 hour drive

10 sec walk

BucketSRAM

A few bottles of beer

Refrigerator DRAM

24 bottles of beer

Current State

3 hour drive

10 sec walk

40 sec walk

GarageOptane

240 bottles of beer

Refrigerator DRAM

24 bottles of beer

Mega-martNAND

24,000 bottles of beer

BucketSRAM

A few bottles of beer

Impact of Disruptive Technology

Platform connected

Rapid Storage Driver Better Together

w/Intel® Optane™ Memory

Client

Virtual Raid on CPU/Volume Management Device

Data Center

Customer inspired

Asset Utilization and Patient Experience

p r o b l e m

Customer inspired

Asset Utilization and Patient Experience

p r o b l e m

Reduces patient time in MRI machine from 40 min to 2 minutes

Real time diagnosis with less patient discomfort

Better images

Ability to move from storage to memory tiering/mapping without affecting performance

Plan to deploy Dell servers with Optane SSDs

s o l u t i o n

IMFT Fab 2

2017 >60% GB growth YoY*

Micron Fab 10Intel Fab 68

* Based on internal forecasting 2016-2017. Forecasts are Intel estimates, based upon current expectations and available information and are subject to change without notice.

Disciplined investment Faster than Market Growth

NSG Strategy: Adjacent, Disruptive Growth

TechnologyDriven

Platformconnected

Customer inspired