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.
英特爾（納斯達克股票代碼：INTC）的股票在過去一年中上漲了約70％。然而，到目前爲止，該股在2024年已經下跌了14％。最近，隨着世界上第一家專爲人工智能（AI）時代設計的系統鑄造廠的啓動，該股激起了投資者的興趣。
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.
該公司公佈了新的路線圖，其中包括14A工藝技術、專業節點演進以及英特爾Foundry高級系統組裝和測試（ASAT）功能，以幫助客戶實現其人工智能抱負。
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.
微軟首席執行官薩蒂亞·納德拉透露，這家總部位於華盛頓州雷德蒙德的公司已經選擇了採用英特爾18A工藝生產的芯片設計，宣佈了一項重大的設計勝利。
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（納斯達克股票代碼：SNPS）、Cadence（納斯達克股票代碼：CDNS）、西門子和Ansys（納斯達克股票代碼：ANSS）等生態系統合作伙伴宣佈了經過驗證的工具、設計流程和知識產權（IP）組合，以促進客戶的設計。
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.
英特爾分析師：摩根大通分析師哈蘭·蘇爾對該股的評級爲減持，年終目標股價爲37美元。蘇爾回顧了英特爾鑄造公司的新聞，並評估了其對業務和股票的影響。
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.
英特爾論文：蘇爾指出了英特爾鑄造廠令人印象深刻的執行力，在四年內交付了五個節點，並在18A節點上推出了Clearwater Forest處理器。14A工藝技術的引入將路線圖延長至2027年，表明了對技術進步的承諾。
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.
隨着英特爾Foundry將其終身交易價值擴大到150億美元，並確保微軟成爲18A節點的客戶，該公司表現出強勁的收入增長和戰略合作伙伴關係。這些未公開的長期交易表明了持續的收入來源。
Also Read: Intel To Manufacture Microsoft Chips, CEO Satya Nadella Says
另請閱讀：首席執行官薩蒂亞·納德拉說，英特爾將生產微軟芯片
However, "it will take several years for the team to drive customer/revenue scale in foundry," said Sur.
但是，蘇爾說：“該團隊需要幾年時間才能擴大鑄造廠的客戶/收入規模。”
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.
蘇爾強調了Foundry從芯片製造向系統解決方案方法的戰略轉變，全面解決了人工智能系統需求。與Arm（納斯達克股票代碼：ARM）等行業領導者的合作以及跨不同生態系統的合作伙伴關係使公司具有競爭力。
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.
蘇爾還強調了Foundry的技術優勢，包括早期在18A和20A節點中採用了背面功率傳輸和柵極全能（GAA）晶體管。蘇爾說，與聯電和塔半導體在成熟節點65納米芯片方面的合作有助於該公司的競爭定位。
INTC Price Action: Intel stock was trading at $43.15 at the time of publication.
INTC價格走勢：發佈時，英特爾股票的交易價格爲43.15美元。