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2026-07-23·INTC·design win
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On July 21, 2026, Intel announced that Fortinet will use its Intel 4 node to fabricate the sixth-generation Security...

On July 21, 2026, Intel announced that Fortinet will use its Intel 4 node to fabricate the sixth-generation Security Processor (SP6), marking the first named external foundry customer for Intel 4.

window 60devidence 12confidence score 100price INTC $96.98

confidence score

Strong evidence: 8 independent source classes support this read.

100
medium confidence8 independent source classesotherofficialmarketcommunitynewspasses publish gate
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INTC has already moved up +42% over the recent 30-90 day window.

partly priced
as of 2026-07-167d n/a45d n/a90d +42%yahoo

signal brief

On July 21, 2026, Intel announced that Fortinet will use its Intel 4 node to fabricate the sixth-generation Security Processor (SP6), marking the first named external foundry customer for Intel 4. The deal moves Fortinet's next flagship security processor out of a TSMC-linked flow into Intel's, as the current SP5 is manufactured by Renesas and Toshiba America using foundries in Taiwan and Japan, likely TSMC. Intel described the agreement as reflecting 'the strategy Intel outlined for Intel 4 several years ago,' including support for custom networking ASIC workloads. This win is significant for Intel's foundry aspirations, as it demonstrates customer adoption on a mature node with stable yields, helping to fill Fab 34 capacity as Meteor Lake ramps down. The Tom's Hardware article provides a detailed analysis of the deal, noting that while Intel 4 was initially scoped only for internal products, this customer win validates its foundry program. The financial impact will take time to materialize, but it builds momentum for CEO Lip-Bu Tan's turnaround plan.

What the sources said:

  • Tom's Hardware: 'Fortinet becomes Intel 4's first foundry customer, following firewall ASIC deal — CEO Lip-Bu Tan's promised foundry wins begin to surface, but on a mature node.' (source)
  • Intel statement via Tom's Hardware: 'the agreement reflects "the strategy Intel outlined for Intel 4 several years ago," including support for custom networking ASIC workloads.'
  • Tom's Hardware also notes: 'Intel 4 entered high-volume manufacturing at Fab 34 in Ireland in September 2023, and a multi-generation firewall ASIC program is a reasonable answer to fill capacity.'

source data used

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