$118.96
447.8% vs S&P 12m
Business overview
Integrated logic supplier transitioning to a foundry model with 18A and Gaudi AI accelerators, supported by US CHIPS Act and Trusted Foundry programs.
Geopolitically important alternative to TSMC if 18A delivers; turnaround optionality dominates the story today.
Products
- Xeon CPUs
- Gaudi 3 AI
- 18A foundry node
- Falcon Shores
Customers (3)
- Hyperscalers
- OEMs
- DoD (Trusted Foundry)
Competitors (4)
Composite score
Higher = stronger overall research case
Fundamental45
Technical81
Valuation20
AI relevance55
Risk-adjusted (higher = safer)30
Segment-relative fundamental percentile: 25
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: 158.3%6M RS: 231.4%12M RS: 447.8%Vol30d: 97%DD52w: -8.1%
Financial summary
Curated, illustrative
Revenue
$53.76B
Growth (YoY)
7.2%
Gross margin
37.2%
Operating margin
6.9%
FCF
$-8.30B
Capex
$18.28B
Net cash / (debt)
$-12.24B
ROIC
0.6%
Customer conc.
Medium
Valuation
Market cap
$597.89B
Enterprise value
$610.13B
P/E (TTM)
—
Forward P/E
77.3x
EV / Sales
11.3x
EV / EBITDA
43.0x
P / FCF
—
PEG
1.4x
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 518A yield ramp execution
- 5Foundry losses
- 4Free cash flow negative
Score components
What drove the composite
Growth45
Profitability38
Cash generation21
Balance sheet71
Moat / AI relevance62
Capital intensity (higher = lighter)23
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)95
Momentum (3/6/12m)80
Relative strength100
Realized vol (higher = lower vol)21
Segment peers
Other companies in Foundries