Intel Initiates 18A-P Production, Foundry Posts $5.4B Q1 Revenue
INTC•Intel's 18A-P process node has entered initial production and will move to high-volume manufacturing, a key milestone in CEO Lip-Bu Tan's turnaround plan. Its foundry arm posted $5.4 billion revenue and a $2.4 billion loss last quarter; analysts expect 38% Data Center and AI growth to $5.45 billion in Q2.
1. Production Milestone
Intel has begun initial production of its 18A-P process node, an enhanced, performance-focused iteration of its 18A technology. The company plans to transition 18A-P to high-volume manufacturing later this year, supporting next-generation Core Series 3 and Xeon 6+ processors.
2. Foundry Business Performance
In the first quarter, Intel’s foundry division generated $5.4 billion in revenue but recorded a $2.4 billion operating loss as it invests in capacity and advanced process technologies. This performance remains central to the company’s broader turnaround strategy under CEO Lip-Bu Tan.
3. Customer Partnerships and Forecast
Major customers including Google have placed orders for Intel’s chips on 18A processes, while Nvidia is completing validation tests. Wall Street projects a 38% jump in the Data Center and AI segment to $5.45 billion in Q2, driven by robust CPU demand for AI workloads.
