Intel's 18A Client CPU Revenue Grows to Nearly One-Third of Segment Since Q1

Intel's 18A client CPU revenue has grown from less than 5% in the first quarter to nearly one-third of the segment's total revenue, driven by the upcoming Nova Lake processor, which is tracking ahead of schedule and expected to secure double the design wins of Panther Lake upon release. CEO Lip-Bu Tan also confirmed that the Intel 14A node and 18A-P process remain on track, with the latter scheduled for launch by the end of the year for several strategic external customers, and reiterated his estimate that agentic AI workloads will expand the server CPU total addressable market to more than $200B within five years.