christo1 schreef op 23 januari 2026 06:30:
[...]
Resultaten Intel met communicatie EUV en capex.
CEO Lip-Bu Tan opened by highlighting that "2025 was a year of solid progress" and described Intel as a "more focus and execution driven company," citing organizational simplification, new leadership, and a strengthened balance sheet. He emphasized that "the era of artificial intelligence is driving unprecedented demand for semiconductor across the entire compute landscapes" and stated, "The breadth of our IP and know-how...uniquely position us to capitalize on these AI-driven trends, capture sustainable profitable growth."
Tan reported that in the Client Computing Group, "we strengthened our position in both consumer and enterprise notebooks with our Core Ultra Series 3 lineup" and exceeded the commitment of delivering one SKU by delivering three. He added that Series 3 is expected to be "the most broadly adopted and globally available AIPC platform we have ever delivered." He projected confidence, saying, "we are on the path of 45% market share and profitability in both notebooks and desktops over the next several years."
In the Data Center and AI (DCAI) segment, Tan centralized data center and AI businesses, focusing resources on the 16-channel Diamond Rapids, accelerating Coral Rapids, and reintroducing multi-threading. He noted collaboration with NVIDIA to build a custom Xeon integrated with NVLink technology. Tan highlighted that Intel's ASIC business grew more than 50% in 2025, reaching an annualized revenue run rate greater than $1 billion in Q4.
On Intel Foundry, Tan stated, "
We are now shipping our first products built on Intel 18A" and that "Intel 14A development remains on track." He observed that customer engagements on Intel 14A are active, with "customers will begin to make firm supplier decision starting in the second half of this year and extending into the first half of 2027." CFO David Zinsner reported, "Fourth quarter revenue was $13.7 billion at the high end of the range we provided in October." He added that "Non-GAAP gross margin came in at 37.9%...140 basis points ahead of guidance," and "we delivered fourth quarter non-GAAP earnings per share of $0.15 versus our guidance of $0.08." Zinsner noted, "Q4 marks the fifth consecutive quarter of revenue above our guidance even as we navigate industry-wide supply constraints."
Zinsner provided Q1 2026 guidance of a revenue range between $11.7 billion and $12.7 billion, with a midpoint of $12.2 billion, and forecasted a gross margin of approximately 34.5% and breakeven EPS, all on a non-GAAP basis.
He stated, "
We expect Intel Foundry revenue up double digits quarter-over-quarter, helped by continued mix shift to EUV wafers and Intel 18A pricing."For full year 2026, Zinsner commented, "we expect our factory network to improve available supply beginning in Q2 and for each of the remaining quarters in 2026," and flagged that "rising component pricing is a dynamic we continue to watch closely, especially relative to the client market and could limit our revenue opportunity this year."
Operating expenses for 2026 are targeted at $16 billion, and
capital expenditures are planned to be "flat to down slightly" with a heavier weighting in the first half