Intel Foundry Lands Fortinet as First Cybersecurity Chip Customer

Intel (INTC) announced that Fortinet (FTNT) will use Intel Foundry services to manufacture its next-generation SP6 security processor on the Intel 4 process. This marks the first cybersecurity customer for Intel's foundry business, as the company continues to diversify its customer base.

The Product

The SP6 security processor is a custom chip designed by Fortinet to accelerate cybersecurity applications. By leveraging Intel's advanced 4nm-class process (Intel 4), Fortinet aims to enhance performance and power efficiency for network security solutions.

Pricing and Availability

Financial terms and production timelines were not disclosed. Manufacturing is expected to take place at Intel's fabs in the coming quarters.

Competition

Intel Foundry competes with TSMC and Samsung Foundry in the contract chipmaking market. This win signals Intel's progress in attracting customers beyond its traditional PC and server markets.

Potential Impact

For Intel, this deal demonstrates its ability to win foundry customers in specialized segments like cybersecurity. For Fortinet, access to Intel 4 technology could provide a competitive edge in the security processor market.