Search results for David Zinsner
AI & Enterprise
Intel posts fastest revenue growth in 15 years on AI demand
Intel shares rose in after-hours trading after the company posted second-quarter results above market expectations and issued third-quarter guidance that also topped forecasts. Quarterly revenue grew 25 percent, the fastest pace since the third quarter of 2011. Data center revenue jumped 59 percent to $6.3 billion on stronger server processor sales, while client computing group revenue rose 13 percent to $8.9 billion. The company said capacity is lagging demand and it has secured 10 long-term contracts.
Industry
Intel steps up foundry push; Tan says it can compete with TSMC
Intel said it is starting to show visible results in its foundry business for external customers. CEO Lip-Bu Tan said customer interest is rising and he expects agreements with multiple customers in the second half of this year. He said Intel’s manufacturing competitiveness is improving, pointing to progress in its 18A process and yield gains. Intel is also discussing its 14A process as a longer-term basis to compete with TSMC.
AI & Enterprise
Intel in talks with Google, Amazon on advanced chip packaging customers
Intel is in discussions with Google and Amazon on packaging for custom chips, Wired reported, citing sources. The talks have raised attention on whether Google’s TPU and Amazon’s Trainium chips could be produced on Intel’s EMIB-T packaging line. A deal is expected in the second half of 2026, with more details possibly emerging at Intel’s April 23 earnings announcement. Intel also plans to expand advanced packaging capacity.