Intel's (INTC) committed processor production volumes from external clients using its latest manufacturing technology are not yet significant, Chief Financial Officer David Zinsner said during JPMorgan's (JPM) Global Technology, Media and Communications Conference on Tuesday, according to a FactSet transcript.
"We get test chips, and then some customers fall out of the test chips... So committed volume is not significant right now, for sure," Zinsner said.
Intel Foundry is expected to break even in 2027 and would need external customers to generate low to mid-single-digit billions in revenue to achieve that, Zinsner added.
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