The company has also pulled out of funding an effort to promote use of OpenStack software, an initiative named the OpenStack Innovation Centre it launched with Rackspace in 2015.
The company recently made an investment of US$15.3 billion in self-driving car technology by buying the Israeli firm Mobileye for this amount.
In an announcement on the IDF website, Intel said: "Intel has evolved its event portfolio and decided to retire the IDF programme moving forward. Thank you for nearly 20 great years with the Intel Developer Forum!
Anandtech, which reported the IDF cancellation first, pointed out that previously Intel had only said that its China event would not be held this year. The company had said, "We are making changes to the Intel Developer Forum. This fall the event in San Francisco will have a new format and we will not be hosting an event in China. More details to come soon."
Regarding the OpenStack pullout, Intel confirmed to Fortune that it had "decided to conclude its participation" in the project.
OpenStack provides a set of software tools that can be used to build one's own cloud infrastructure and was touted as an alternative to VMware and Amazon Web Services when it was launched seven years ago.
In its bid to become a force in the self-driving car space, Intel will have to lock horns with Tesla, Google, Uber, and Apple.