ChipsThe story, in brief
Intel's foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
Intel's foundry just landed its first named customer. Here's why that matters for the AI chip wars.
The KeyNews take
Why it matters
Intel's struggling foundry business secured its first publicly announced customer under new leadership, signaling potential momentum in competing for specialized chip manufacturing as AI demand reshapes semiconductor strategy.
The key facts
4 to knowFortinet is Intel Foundry's first named customer announcement
Deal announced under CEO Lip-Bu Tan (took over March 2025)
Customer focus: security chips (non-AI specialized)
Timeline: July 2026
Go to the source
CNBC Technologycnbc.com
Publisher excerpt: Fortinet is the first announced corporate customer for Intel's foundry under CEO Lip-Bu Tan, who took over the chipmaker in March 2025.