Intel reports a huge Foundry revenue of  US$283 million in Q1 2022

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According to Taiwan Economic Daily, the wafer foundry business revenue of Intel in the first quarter of this year reached 283 million US dollars (roughly 1.879 billion yuan), up 175 percent year on year, gradually catching up to Power Semiconductor, UMC, and other Taiwan factories, but still falling short of TSMC.

Intel’s foundry business is not expected to be included in Gaota Semiconductor’s acquisition, which has surpassed Eastern Hi-Tech and is approaching the top ten manufacturers. With Intel’s active adoption of internal capacity enhancement and mergers and acquisitions strategies, a new round of foundry market share upheaval will take place.

Intel is active in its production capacity expansion

Intel is actively expanding production capacity and optimizing product structure, according to industry analysts, and is expected to enter the top ten wafer foundries from the second to third quarters of this year at the earliest before completing the acquisition of Gaota Semiconductor, according to IT House. If Gaota Semiconductor’s merger is successful, it will approach companies like Power Semiconductor and UMC.

According to statistics provided to investors by Intel, income from the foundry business surged by 175 percent year over year in the first quarter of this year, the most astounding growth among its primary businesses, owing to more than 30 customer orders, including Cisco and Amazon.

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