“We said our financial objectives by the end of the decade are $15 billion plus of external Foundry revenue.”

In context

“ys ramp that we start to focus on the ramp of 18A looking forward. Given the pipeline of the design wins that you guys have talked about. I'm curious, how large is your external piece of that, call it, $4.4 billion revenue in this most recent quarter. I think it was about $77 million last quarter. And how do we think about the pace of that kind of inflecting higher as we look out into '25, '26? And I'm just curious how you would define success in that external business? Patrick Gelsinger: Yes. So overall the external Foundry business will be a modest portion, right, of the Foundry business for the next couple of years. The Foundry revenues will be dominated by the internal products as we've been building that portfolio for many years. So we'll ramp as we go through the rest of the decade. We said our financial objectives by the end of the decade are $15 billion plus of external Foundry revenue. We'll be giving periodic updates on LDV, lifetime deal value of external Foundry customers as we go forward. And indicators like we did this quarter of new design wins, new customers coming online. But the reported numbers for Intel Foundry will be substantially dominated by the Intel Products for the next couple of years. That said, we saw a nice growth, right, quarter-on-quarter in the external Foundry business and we did break profitable for the advanced packaging portion of that business in Q3. So we are seeing nice growth characteristics, nice business characteristics, and we'll be giving more updates as we go forward. Dave, anything to add on that? David Zinsner: No, I mean, other than it was up a bit this quarter, but still dominated by internal business within the Intel Foundry bu”