Intel CEO - Factories Exceeded Volume Targets During Q2 - Conf Call
INTC•Intel comments on manufacturing progress
July 23 (Reuters) - Intel Corp INTC.O:
- Intel CEO: factories exceeded volume targets during Q2 - conf call
- Intel CEO: 18A output increased meaningfully during second quarter - conf call
- Intel CEO: 18A-P technology is now positioned as a competitive node for external customers - conf call
- Intel CEO says he is increasingly confident that 14A will be a highly competitive offering
- Intel CEO: company has "fully committed" to high volume production of 14A chips in 2028
- Intel CEO: 18A now in volume production in core PC client segment across multiple products
CFO discusses revenue and investment plans
- Intel CFO: AI PC revenue grew 26% sequentially, now represents two-thirds of our client revenue mix
- Intel CFO: sees strong momentum in purpose-built silicon product line with revenue up roughly 20% sequentially and nearly tripling year over year
- Intel CFO: stepped up investments in Q2 for Intel 14A to prepare for risk production in 2027 and committed high volume ramps in 2028
- Intel CFO: company will buy 40% more chip manufacturing tools in 2026 than in 2025
- Intel CFO: approaching a $2 billion run rate for ASICs
