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Pat Gelsinger quote, Apr 25, 2024

CEO, Intel · Apr 25, 2024 · Earnings, Intel Q1 2024 earnings release (SEC Form 8-K, Exhibit 99.1)

With Intel 3 in high-volume production, leading-edge semiconductors are being manufactured in the U.S. for the first time in almost a decade and we are on track to regain process leadership next year as we grow Intel Foundry.

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Words found on the source page on Sep 25, 2026.

More from Pat Gelsinger

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Our Q2 financial performance was disappointing, even as we hit key product and process technology milestones. Second-half trends are more challenging than we previously expected, and we are leveraging our new operating model to take decisive actions that will improve operating and capital efficiencies while accelerating our IDM 2.0 transformation...Aug 1, 2024· Earnings
In 2024, we remain relentlessly focused on achieving process and product leadership, continuing to build our external foundry business and at-scale global manufacturing, and executing our mission to bring AI everywhere as we drive long-term value for stakeholders.Jan 25, 2024· Earnings
We are executing well on our roadmap to regain transistor performance and power performance leadership by 2025, building momentum with customers and the broader ecosystem and investing to deliver the geographically diverse and resilient manufacturing footprint the world needs.Aug 16, 2023· Earnings

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Demand for our custom AI accelerators and networking continues to be very strong. Q3 AI semiconductor revenue of $16.7 billion grew 221% year-over-year, and 54% quarter-over-quarter...Hock TanSep 2, 2026· Earnings
In Q4 the momentum continues, and we expect AI semiconductor revenue to accelerate to $21.7 billion, up 236% year-over-year.Hock TanSep 2, 2026· Earnings
The AI infrastructure buildout is at full steam. Vera Rubin, now in full production, was built to power exactly this moment.Jensen HuangAug 26, 2026· Earnings
More broadly, AI is driving a significant expansion in demand for compute across all of our markets, and our leadership portfolio and growing customer visibility position us exceptionally well to capture this expanding opportunity and deliver substantial revenue and earnings growth in the years ahead.Lisa SuAug 4, 2026· Earnings
AI is driving unprecedented demand for compute, and as we continue to execute, Intel is well-positioned to capture sustainable growth across our CPU franchise, ASICs, advanced packaging and vast wafer foundry network...Lip-Bu TanJul 23, 2026· Earnings
The momentum continues and in Q3 we expect semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion.Hock TanJun 3, 2026· Earnings
About this quote
Said by
Pat Gelsinger, CEO, Intel
Where
Intel Q1 2024 earnings release (SEC Form 8-K, Exhibit 99.1)
Topics
Chips
Company
Intel
Source
sec.gov/Archives/edgar/data/50863/000005086324000074/q124_earningsrelease.htm

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