Intel Foundry Day Takeaway: Revenue Scale Is 'Several Years' Away, Analysts Say
Intel Foundry Day Takeaway: Revenue Scale Is 'Several Years' Away, Analysts Say
Intel (NASDAQ:INTC) stock is up about 70% over the past year. So far in 2024, however, the stock is down 14%. The stock has been piquing investor interest lately with the launch of the world's first systems foundry designed for the artificial intelligence (AI) era.
英特尔（纳斯达克股票代码：INTC）的股票在过去一年中上涨了约70％。然而，到目前为止，该股在2024年已经下跌了14％。最近，随着世界上第一家专为人工智能（AI）时代设计的系统铸造厂的启动，该股激起了投资者的兴趣。
The company unveiled a new roadmap featuring 14A process technology, specialized node evolutions, and the Intel Foundry Advanced System Assembly and Test (ASAT) capabilities to assist customers in realizing their AI ambitions.
该公司公布了新的路线图，其中包括14A工艺技术、专业节点演进以及英特尔Foundry高级系统组装和测试（ASAT）功能，以帮助客户实现其人工智能抱负。
A significant design win was announced as Microsoft CEO Satya Nadella revealed that the Redmond, Washington-based company had selected a chip design to be produced on the Intel 18A process.
微软首席执行官萨蒂亚·纳德拉透露，这家总部位于华盛顿州雷德蒙德的公司已经选择了采用英特尔18A工艺生产的芯片设计，宣布了一项重大的设计胜利。
Furthermore, ecosystem partners such as Synopsys (NASDAQ:SNPS), Cadence (NASDAQ:CDNS), Siemens, and Ansys (NASDAQ:ANSS) announced validated tools, design flows, and intellectual property (IP) portfolios prepared to facilitate customer designs.
此外，新思科技（纳斯达克股票代码：SNPS）、Cadence（纳斯达克股票代码：CDNS）、西门子和Ansys（纳斯达克股票代码：ANSS）等生态系统合作伙伴宣布了经过验证的工具、设计流程和知识产权（IP）组合，以促进客户的设计。
The Intel Analyst: JPMorgan analyst Harlan Sur has an Underweight rating on the stock with a year-end price target of $37. Sur reviewed the Intel Foundry news and assessed its impact on the business and stock.
英特尔分析师：摩根大通分析师哈兰·苏尔对该股的评级为减持，年终目标股价为37美元。苏尔回顾了英特尔铸造公司的新闻，并评估了其对业务和股票的影响。
The Intel Thesis: Sur notes Intel Foundry's impressive execution, delivering five nodes in four years and launching Clearwater Forest processors on the 18A node. The introduction of the 14A process technology extends the roadmap through 2027, showcasing a commitment to technological advancement.
英特尔论文：苏尔指出了英特尔铸造厂令人印象深刻的执行力，在四年内交付了五个节点，并在18A节点上推出了Clearwater Forest处理器。14A工艺技术的引入将路线图延长至2027年，表明了对技术进步的承诺。
With Intel Foundry expanding its lifetime deal value to $15 billion and securing Microsoft as a customer for the 18A node, the company demonstrates robust revenue growth and strategic partnerships. These undisclosed long-term deals indicate a sustained revenue stream.
随着英特尔Foundry将其终身交易价值扩大到150亿美元，并确保微软成为18A节点的客户，该公司表现出强劲的收入增长和战略合作伙伴关系。这些未公开的长期交易表明了持续的收入来源。
Also Read: Intel To Manufacture Microsoft Chips, CEO Satya Nadella Says
另请阅读：首席执行官萨蒂亚·纳德拉说，英特尔将生产微软芯片
However, "it will take several years for the team to drive customer/revenue scale in foundry," said Sur.
但是，苏尔说：“该团队需要几年时间才能扩大铸造厂的客户/收入规模。”
Sur emphasized Foundry's strategic move beyond chip manufacturing to a systems solution approach, addressing AI system requirements comprehensively. Collaborations with industry leaders like Arm (NASDAQ:ARM) and partnerships across diverse ecosystems position the company competitively.
苏尔强调了Foundry从芯片制造向系统解决方案方法的战略转变，全面解决了人工智能系统需求。与Arm（纳斯达克股票代码：ARM）等行业领导者的合作以及跨不同生态系统的合作伙伴关系使公司具有竞争力。
Sur also highlighted Foundry's technological advantages, including the early adoption of backside power delivery and Gate-All-Around (GAA) transistors in the 18A and 20A nodes. Collaborations with UMC and Tower Semiconductor for mature-node 65nm chips contribute to the company's competitive positioning, said Sur.
苏尔还强调了Foundry的技术优势，包括早期在18A和20A节点中采用了背面功率传输和栅极全能（GAA）晶体管。苏尔说，与联电和塔半导体在成熟节点65纳米芯片方面的合作有助于该公司的竞争定位。
INTC Price Action: Intel stock was trading at $43.15 at the time of publication.
INTC价格走势：发布时，英特尔股票的交易价格为43.15美元。