Intel Foundry lays out its way back to profitability

Intel expects to be ahead of the competition at the 14A node in terms of power, performance, density and cost, CEO Pat Gelsinger revealed during a company webinar on Tuesday. Introduced into manufacturing in 2027, Intel 14A will go head-to-head with TSMC’s A14 chips, production of which will start in 2028, and Samsung’s SF1.4 node, which is also scheduled for production in 2027.

The webinar’s purpose was to sketch the path to profitability of Intel Foundry, Intel’s manufacturing arm that was recently separated from the product division. The new legally distinct unit reported pro forma sales of 18.9 billion dollars in 2023, down from 27.5 billion dollars in 2022. The 2023 operating loss amounted to 7 billion dollars.