{"slug":"intel","name":"Intel","name_en":"Intel","ticker":"INTC","updated_at":"2026-06-20","canonical":"https://valuechain.wiki/intel","kicker":"CPU · 데이터센터 · 파운드리","kicker_en":"CPU · Data center · Foundry","lead":"PC·서버 CPU의 전통 강자이자 파운드리(Intel Foundry)에 재도전 중. 첨단 공정(18A·14A)에 ASML High-NA EUV를 업계 최초 도입. 동시에 일부 칩 타일은 TSMC에 외주하는 파운드리 고객이기도 하다.","lead_en":"The longtime leader in PC and server CPUs, now rebuilding a foundry (Intel Foundry). First in the industry to adopt ASML's High-NA EUV for its leading-edge nodes (18A, 14A). At the same time it outsources some chip tiles to TSMC, so it is also a foundry customer.","segments":{"fy":2025,"parts":[{"desc":"PC용 CPU(Core)","name":"Client Computing"},{"desc":"서버 CPU(Xeon)·Gaudi 가속기","name":"Data Center & AI"},{"desc":"위탁생산 사업(18A·14A)","name":"Intel Foundry"}],"total":"Client Computing · Data Center & AI · Intel Foundry 3개 부문","source":"https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/intc-20251227.htm","concentration":"Dell·Lenovo가 각 10%+ 고객(10-K). 파운드리는 외부고객 확보가 관건."},"segments_en":{"parts":[{"desc":"PC CPUs (Core)","name":"Client Computing"},{"desc":"Server CPUs (Xeon) and Gaudi accelerators","name":"Data Center & AI"},{"desc":"Contract manufacturing (18A, 14A)","name":"Intel Foundry"}],"total":"Client Computing, Data Center & AI, Intel Foundry (three segments)","concentration":"Dell and Lenovo are each 10%+ customers (10-K). Winning external foundry customers is the key question."},"edges":[{"direction":"revenue","counterparty":"Dell","counterparty_slug":null,"confidence":"high","metric":null,"note":"PC·서버 CPU 최대 고객 중 하나(10-K 10%+).","note_en":"One of the largest PC/server CPU customers (10%+ in the 10-K).","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-01-23","url":"https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/intc-20251227.htm","title":"Intel Form 10-K (FY2025, 2025-12-27)","title_en":"Intel Form 10-K (FY2025, 2025-12-27)","excerpt":"Intel 10-K: Dell이 매출의 10% 이상 고객.","excerpt_en":"Intel 10-K: Dell is a 10%+ revenue customer."}]},{"direction":"revenue","counterparty":"Lenovo","counterparty_slug":null,"confidence":"high","metric":null,"note":"PC CPU 주요 고객(10-K 10%+).","note_en":"Major PC CPU customer (10%+ in the 10-K).","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-01-23","url":"https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/intc-20251227.htm","title":"Intel Form 10-K (FY2025, 2025-12-27)","title_en":"Intel Form 10-K (FY2025, 2025-12-27)","excerpt":"Intel 10-K: Lenovo가 매출의 10% 이상 고객.","excerpt_en":"Intel 10-K: Lenovo is a 10%+ revenue customer."}]},{"direction":"cost","counterparty":"TSMC","counterparty_slug":"tsmc","confidence":"high","metric":{"type":"supply_status","basis":"외부 파운드리(타일)","basis_en":"external foundry (tiles)","qualifier":"confirmed_no_disclosed_value"},"note":"일부 칩 타일(컴퓨트 등)을 TSMC에 외주. 자체 파운드리와 병행하는 파운드리 고객.","note_en":"Outsources some chip tiles (e.g. compute) to TSMC; a foundry customer alongside running its own foundry.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-01-23","url":"https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/intc-20251227.htm","title":"Intel Form 10-K (FY2025, 2025-12-27)","title_en":"Intel Form 10-K (FY2025, 2025-12-27)","excerpt":"Intel 10-K: 외부 파운드리를 제품에 통합해 사용.","excerpt_en":"Intel 10-K: incorporates external foundries into its products."}]},{"direction":"cost","counterparty":"ASML","counterparty_slug":"asml","confidence":"high","metric":{"type":"supply_status","basis":"EUV·High-NA EUV","basis_en":"EUV and High-NA EUV","qualifier":"first_adopter"},"note":"첨단공정(18A·14A)용 EUV·High-NA EUV 핵심 매입처. Intel이 High-NA 업계 최초 도입.","note_en":"Key supplier of EUV and High-NA EUV for leading-edge nodes (18A, 14A). Intel was first in the industry to adopt High-NA.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-04-23","url":"https://www.hankyung.com/article/202604231581i","title":"대만 TSMC, 네덜란드 ASML 최신 장비 도입 보류","title_en":"Taiwan's TSMC holds off on adopting ASML's latest equipment","excerpt":"Intel·삼성·SK·마이크론·TSMC 모두 ASML High-NA EUV 발주.","excerpt_en":"Intel, Samsung, SK, Micron and TSMC have all ordered ASML's High-NA EUV."},{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-01-23","url":"https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/intc-20251227.htm","title":"Intel Form 10-K (FY2025, 2025-12-27)","title_en":"Intel Form 10-K (FY2025, 2025-12-27)","excerpt":"Intel 10-K: Intel 18A·14A 등 EUV 리소그래피 공정에 대규모 투자.","excerpt_en":"Intel 10-K: substantial investment in EUV lithography nodes such as Intel 18A and 14A."},{"stance":"confirms","publisher":"전자신문","publisher_en":"ETNews","kind":"news","lang":"ko","published_at":"2024-10-16","url":"https://www.etnews.com/20241016000345","title":"ASML '초미세화 위한 하이퍼 NA EUV 개발'","title_en":"ASML develops High-NA EUV for finer scaling","excerpt":"Intel이 ASML High-NA EUV를 업계 최초 도입(18A·14A).","excerpt_en":"Intel was the first to adopt ASML's High-NA EUV (for 18A and 14A)."}]},{"direction":"revenue","counterparty":"HP","counterparty_slug":null,"confidence":"mid","metric":null,"note":"PC CPU 주요 OEM 고객.","note_en":"Major PC CPU OEM customer.","sources":[{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-01-23","url":"https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/intc-20251227.htm","title":"Intel Form 10-K (FY2025, 2025-12-27)","title_en":"Intel Form 10-K (FY2025, 2025-12-27)","excerpt":"Intel 10-K: 주요 OEM 고객 중 하나.","excerpt_en":"Intel 10-K: one of the major OEM customers."}]},{"direction":"revenue","counterparty":"Microsoft","counterparty_slug":"microsoft","confidence":"mid","metric":null,"note":"Azure 서버용 제온(Xeon) CPU 공급. ND MI300X v5 VM은 4세대 제온을 호스트로 사용.","note_en":"Supplies Xeon CPUs for Azure servers; the ND MI300X v5 VM uses 4th-gen Xeon as host.","sources":[{"stance":"confirms","publisher":"AMD 투자자관계","publisher_en":"AMD Investor Relations","kind":"ir","lang":"en","published_at":"2024-05-21","url":"https://ir.amd.com/news-events/press-releases/detail/1198/amd-instinct-mi300x-accelerators-power-microsoft-azure-openai-service-workloads-and-new-azure-nd-mi300x-v5-vms","title":"AMD 인스팅트 MI300X, 마이크로소프트 Azure OpenAI 서비스 구동","title_en":"AMD Instinct MI300X Accelerators Power Microsoft Azure OpenAI Service Workloads","excerpt":"ND MI300X v5는 \"2개의 4세대 인텔 제온\" 프로세서를 호스트 CPU로 사용.","excerpt_en":"The ND MI300X v5 uses \"two 4th Gen Intel Xeon Scalable processors\" as host CPUs."}]},{"direction":"revenue","counterparty":"Alphabet (Google)","counterparty_slug":"alphabet","confidence":"mid","metric":null,"note":"구글 차세대 TPU 일부 물량을 파운드리에서 수주(TSMC 대체 공급처).","note_en":"Won foundry orders for part of Google’s next-gen TPU volume (alternative to TSMC).","sources":[{"stance":"confirms","publisher":"헤럴드경제","publisher_en":"Herald Economy","kind":"news","lang":"ko","published_at":"2026-06-10","url":"https://biz.heraldcorp.com/article/10768088","title":"TSMC가 다 못 만든다…인텔, 구글 AI 칩 수주","title_en":"TSMC at capacity: Intel wins Google AI-chip foundry orders","excerpt":"인텔 파운드리가 구글 AI 칩(TPU)을 수주.","excerpt_en":"Intel Foundry won Google AI-chip (TPU) orders."}]}]}