Intel Foundry receives only 2.2 % of the revenue on external orders, and it fell 60 % last year

Intel Corporation gave Intel Foundry the relative independence to the Intel Foundry unit last year, and this allows it to distinguish the financial results of this structural unit in its annual reporting in the form of 10-K. As it turns out, external clients are still provided by Intel Foundry no more than 2.2 % of all revenue, but it also fell by 60 % in 2024.

Image source: Intel

In the annual report, Intel in the form of 10-k results of Intel Foundry is dedicated to a whole section. From the presentation to the quarterly report and the related comments of the financial director of David Zinsner, we know that last year Intel Foundry helped out $ 17.5 billion, but operational losses amounted to $ 13.4 billion. For comparison, in 2023 they did not They exceeded $ 7 billion with a revenue of about $ 19 billion, and in 2022 $ 5.2 billion was limited with $ 27.5 billion. Along the way, it turns out that the revenue of Intel Foundry decreased by 7.4 %.

Of these $ 17.5 billion, external orders provided Intel only $ 385 million, and this amount compared with 2023 decreased by 60 %immediately. The company explains this by a decrease in demand for its own services for traditional types of chips packaging, as well as a drop in demand for some equipment. Apparently, we are talking about photomas that Intel makes for third -party chips manufacturers. The shareholder of the IMS division is Taiwanese TSMC, it also purchases profile products from Intel. Apparently, last year, the cooperation of companies did not work according to the optimal scenario.

But “myself” Intel sold more silicon plates with chips processed using Intel 3, Intel 4 and Intel 7 technologies. True, this still led to a reduction in the “internal” revenue of Intel Foundry by 4.4 % to $ 17.2 billion For comparison, in 2022, on its own orders, Intel Foundry helped out more than $ 27 billion, and the external ones provided her with only $ 479 million. It turns out that over the past three years for Intel, in terms of cooperation with external clients, the most successful was 2023 $ 953 million. But even in this case, it was mainly about orders for the packaging of chips, and not processing silicon plates. Recall that by the end of 2027, Intel expects to bring Intel Foundry to operational breaklessness. In the field of processing of silicon plates, it will offer third -party customers not only Intel 18A technology, but also a more promising Intel 14A.