INTC · 10-Q · 2026Q3 · Full report

Middle East Conflict Impact

INTEL CORP · 2026-10-30 · Importance 34 · Surprise 42

The U.S. and Israel initiated coordinated military strikes against Iran on February 28, 2026, followed by retaliatory actions and attacks across the region. Intel said the conflict disrupted global supply chains and shipping routes, increased global energy prices, and contributed to energy shortages that could adversely affect the world economy; strikes on two Qatari energy fields also contributed to a global helium shortage affecting semiconductor manufacturing. In late March 2026, Iran published a list of U.S. companies with Middle East operations whose facilities it indicated it might target, with Intel near the top. Intel said a disruption to its Israel fabrication facility or development centers could materially harm its results and position, and noted that business-interruption and property coverage does not cover war or political-violence losses.

Key facts

• In late March 2026, Iran listed Intel among U.S. companies with Middle East operations whose facilities it indicated it would target in retaliation for continued strikes on Iran. source
• Iranian strikes on two energy fields in Qatar that supply a meaningful percentage of global helium supply have caused a global helium shortage, affecting a gas essential to semiconductor manufacturing. source
• A significant portion of Intel's current and anticipated future revenues comes from Intel 7 products manufactured at its Israel fabrication facility; Intel is not insured for war- or political-violence-related business interruption. source
• The conflict with Iran has disrupted global supply chains and shipping routes and increased global energy prices and energy shortages, potentially adversely affecting the world economy. source
• Intel's property, plant and equipment assets in Israel are self-insured against losses from war or political violence, and significant conflict-related impacts could materially adversely affect its consolidated financial results and position. source