KeyBanc: Intel wins 14A and 18A-P orders from Broadcom, Google, Apple, AMD, Microsoft and Nvidia

KeyBanc analysts say Intel Foundry has secured contracts to make chips for Broadcom, Google, Apple, AMD, Microsoft and Nvidia. Apple's 14A orders could reach 600,000 wafers worth $15–20 billion, while Amazon, Anthropic and Musk's Terafab are still evaluating the 14A and 18A-P processes.

• Intel will build server CPUs for Google and Microsoft, networking switches for Broadcom and gaming GPUs for Nvidia
• Apple's 14A orders are estimated at 600,000 wafers and $15–20 billion in revenue
• Anthropic's custom ASIC could bring $40–80 billion across 5–10 million units
• EMIB-T substrate yields are 50–60% at Ibiden and 20–30% at UMTC