Intel Can Supply Only About Half of What Its Customers Want. That's a Better Problem Than It Sounds.

Key Points CEO Lip-Bu Tan said this week that Intel is meeting only about 50% of what its customers need. Revenue grew 25% in the second quarter, and adjusted gross margin hit 41.8%, about 12 points higher than a year earlier. Tan said Intel's next manufacturing process, 14A, begins production in the first quarter of 2027. 10 stocks we like better than Intel › Intel (NASDAQ:INTC) CEO Lip-Bu Tan made an unusual admission at Splunk's .conf26 conference in Denver this week. Demand for the chipmaker's processors has outrun its factories so badly, he said, that Intel is meeting only about 50% of what its customers are asking for. CEOs have called him asking for more chips, Tan said, and he has had to apologize because Intel's capacity can't keep up.