Intel Foundry revenue hit $5.8B in Q2, up 31% YoY, as the company lifted FY26 capex to $20B from $18B. The US foundry buildout is converting from strategic narrative into recognized revenue, and capacity coming online meets a CPU cycle still running hot. $INTC

Seok-Hee Lee joins Intel as EVP, @Intel_Foundry, to lead advanced packaging and back-end manufacturing, strengthening our ability to deliver system-level innovation. Naga Chandrasekaran will continue to lead front-end technology development, manufacturing, design enablement, and the end-to-end customer and business-facing functions that support foundry’s growth. Navid Shahriari will retire after 37 years at Intel. His contributions helped advance Intel’s back-end technology leadership. Learn more:

Super excited to welcome my close friend Seok-Hee Lee back to Intel! @seokhee4 is a highly regarded semiconductor process integration expert and successful CEO (SK Hynix). Early in his career, he spent over 10 years at @intel, contributing to several critical Intel process technologies. He will now oversee our advanced packaging technology development and drive exciting new system integration projects! Advanced packaging and system integration are increasingly critical areas for Intel Foundry and for the future of computing. Seok-Hee will help Intel accelerate the ramp of our industry leading EMIB-T and HBI technologies. I look forward to partnering with him and have him rejoin Intel at this critical time!

AI needs the "brain power" of multiple chips. At Fab 9 in New Mexico, @Intel_Foundry creates systems of chips using Foveros 3D stacking to optimize space for laptops to be thinner with longer lasting batteries. 💻 Watch how Foveros is created 👇