All articles tagged with #foundry
Palantir announced it will underpin the Army’s NGC2 data layer, with Foundry as the cloud data layer and Anduril’s Lattice as the tactical layer, enabling rapid scaling and cross-formation interoperability as NGC2 moves from prototype to production; Palantir has supported NGC2 from early development and will continue delivering data-driven tools to give commanders faster, better information and decision advantage.
Intel stock climbs to a 52-week high on rumors Apple could become a foundry customer, fueling hopes for a revived U.S. semiconductor push, but analysts remain sharply divided on whether the rally is justified, with some calling it excessive and meme-like despite potential long-term opportunities.
President Donald Trump announced that Apple will work with Intel to design and manufacture chips in the United States, a potential landmark for Intel’s foundry push and domestic production. While Apple and Intel have not publicly confirmed the specifics, the deal fits into the administration’s drive to bolster U.S. chip supply and follows government backing, including Intel’s 10% stake and about $10 billion planned for U.S. semiconductor facilities. Intel’s progress on its 18A process and ongoing talks with other big buyers like Tesla and Nvidia add context to the potential impact of Apple joining Intel Foundry Services.
A Trump Truth Social post claiming Apple will design and build chips with Intel in the U.S. caused Intel shares to jump about 11%, but neither Apple nor Intel has confirmed any deal or disclosed terms. The move highlights Intel’s turnaround and potential marquee foundry customers, but with no official confirmation and a lofty valuation, investors should wait for concrete news before acting.
Trump’s post alleging a months-long Apple-Intel chip deal sparked a roughly 9% jump in Intel stock; Apple and Intel did not comment, and the talks—if realized—could bolster Intel’s challenged foundry business as the government stake in Intel grows in value (to about $67 billion).
Intel’s stock jumped about 12% after reports that Google plans to order more than 3 million TPU chips by 2028 following tests of its packaging and that Nvidia is running early trials of Intel’s 18A process and exploring multi‑chip AI designs, underscoring a strengthening push into chip manufacturing and potential competitive gains against TSMC amid broader AI infrastructure optimism and related partnerships (e.g., with Hitachi).
Intel shares jumped after The Information reported Google will rely on Intel to manufacture more than 3 million tensor processing units (TPUs) for AI workloads by 2028, signaling stronger demand for Intel’s foundry services as TSMC capacity constraints bite. The story notes the potential upside for Intel’s turnaround, though the impact on its still-loss-making manufacturing business is limited in the near term, with Nvidia remaining the GPU leader and it’s unclear how much Google will depend on Intel versus its packaging business.
With TSMC capacity tight for AI-grade chips, Google and Nvidia are quietly exploring Intel as a backup manufacturer for their most advanced processors, signaling a strategic diversification of supply to ensure access to needed production capacity.
The US unveiled $2 billion in quantum-computing investments tied to the CHIPS Act, prompting lawmakers who say the spending isn’t aligned with the Act’s purpose; IBM-backed Anderon will be created as a quantum foundry with $1 billion from IBM and $1 billion from the government, transferring IP and staff to fabricate quantum chips. While the move could accelerate progress by giving startups better access to high-quality fabrication, it also raises questions about legality, government priorities, and the long-term market for such specialized hardware.
Palantir argues the traditional software-as-a-service model is fading in favor of platform-based, customizable data operating systems that integrate across tools and data. The company positions its Foundry platform as a long‑term, bespoke solution that emphasizes deep data integration and ongoing partnerships over one‑off SaaS licenses, signaling a shift in how enterprise software is sold and deployed.
Intel reported Q1 2026 revenue of $13.6B (up 7% YoY) but GAAP net loss of $3.7B ($0.73 per share); non-GAAP EPS was $0.29, and cash from operations was $1.1B. Deconsolidation of Altera and strong AI-related demand underpin results, with Foundry and data-center AI driving growth. For Q2, Intel guided revenue of $13.8–$14.8B and non-GAAP EPS of $0.20 (GAAP EPS $0.08). The company also highlighted AI-focused product launches, collaborations (e.g., with Google), and capacity expansion as it positions for AI infrastructure demand.
Intel’s 18A process introduces Backside Power Delivery Network (BSPDN) along with PowerVia and RibbonFET, freeing front-side real estate and boosting power efficiency, but its ground‑up impact on chip design makes external adoption slow. Industry observers expect wider uptake only later in the decade (around 2027), with 14A‑class nodes a more likely external path, though Intel’s early lead still gives it a competitive edge over rivals like TSMC.
Intel’s ambitious foundry push is hitting headwinds as it struggles to land customers for its 18A and 14A processes, with most current revenue from internal chip sales; a potential Apple M-series production deal could help but is years away, leaving near-term upside for INTC shares uncertain despite a strong rally and a Hold consensus with a roughly $48 price target.
Intel posted solid Q4 results with data-center and AI demand plus 18A progress, but weak Q1 guidance triggered a share drop; with a rich valuation and upfront costs for a potential 14A foundry, the stock remains a 'show-me' story—improved versus a year ago but needing clearer evidence of sustained margin expansion and external foundry wins for meaningful upside.
Rumors suggest Apple may again use Intel as a chip fabricator (not designer) for future iPhone silicon, with Intel's 14A process targeting mass production around 2028; Apple would design the chips while TSMC remains the primary manufacturer, and Intel's involvement could extend to Mac and iPad chips to diversify supply amid chip-supply pressures.