Intel — Oct 28, 2024 release

Q4 2024 Outlook 1 Approximately GAAP gross margin percentage 36.5   % Acquisition-related adjustments 1.6  % Share-based compensation 1.4  % Non-GAAP gross margin percentage 39.5   % GAAP tax rate (50) % Income tax effects 63  % Non-GAAP tax rate 13   % GAAP earnings (loss) per share attributable to Intel—diluted $ (0.24) Acquisition-related adjustments 0.06  Share-based compensation 0.17  Restructuring and other charges 0.08  (Gains) losses from divestiture (0.01) Adjustments attributable to non-controlling interest —  Income tax effects 0.06  Non-GAAP earnings (loss) per share attributable to Intel—diluted $ 0.12                1 Non-GAAP gross margin percentage and non-GAAP EPS outlook based on the mid-point of the revenue range. Intel/Page 17 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. (In Billions) Full-Year 2024 Full-Year 2025 Approximately Approximately GAAP additions to property, plant and equipment (gross capital expenditures) $ 25.0   $20.0 - $23.0 Proceeds from capital-related government incentives (1.0) (4.0 - 6.0) Partner contributions, net (13.0) (4.0 - 5.0) Non-GAAP net capital spending $ 11.