INTC 3Q25 CC: Customers "clearly see the tremendous (14A) demand"
Joshua Buchalter: Yes. So on the last quarter, obviously, the disclosure that you may decide to abandon 14A got a lot of attention. I just wanted to ask, given your balance sheet is in a lot different spot than it was 3 months ago, has anything changed from that regard? I don’t think the Q is out, so I haven’t seen if any of the language changed there. But was curious if anything had moved around since last quarter given all the changes in your balance sheet.
Lip-Bu Tan: Yes. Since the last balance — quarter, I think clearly, our engagement with the customer for 14A increase, and we are very heavily engaging with the customer in terms of defining the technology, the process, the yield and the IP requirement to serve them. And they clearly see the tremendous demand that they need to have Intel to be strong on the 14A. And so we are delighted and more confident. And meanwhile, we’re also attracting some of the key talent for the process technology that can really drive success, and that’s why it gives me a lot more confidence to drive that.
PS
Angstrom bonanza JUST started.
Well defined '39 roadmap.
As laser prices double with each new generation.
No brainer.
ASML
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