Intel Foundry nabs a custom ASIC win with Fortinet
6 hours ago
- Intel Foundry and Fortinet announced collaboration on the Fortinet Security Processor 6 (SP6) ASIC, a custom chip designed by Fortinet and manufactured by Intel.
- Fortinet has historically designed its own ASICs, previously using TSMC (e.g., FortiSP5 on 7nm), making this win for Intel a shift from TSMC.
- The win is significant for Intel Foundry as it gains a TSMC customer in a product category that competes with Intel's own x86 processors, marking a success outside the AI space.
- Fortinet's business is roughly 70% services and 30% hardware, so the ASIC deal covers a part of that hardware revenue, not a massive revenue stream but strategically important.
- Intel is providing advanced design, packaging, and manufacturing capabilities, while Fortinet contributes its security processor expertise.