FTNT · News · 20260809N

Partner Ecosystem Expansion

Fortinet, Inc. · 2026-08-09 · Importance 31 · Surprise 42

Intel’s foundry business secured a manufacturing deal with Fortinet for its next-generation Security Processor 6. The arrangement would make Intel a semiconductor manufacturing partner for Fortinet’s cybersecurity chips and reduce Fortinet’s reliance on Taiwan Semiconductor Manufacturing Company (TSMC). The partnership could diversify Fortinet’s chip-sourcing strategy while positioning Intel Foundry to attract additional customers. The report did not disclose the contract value, production timeframe, or expected financial contribution.

Key facts

• Birchbrook Inc. significantly reduced its stake in Fortinet, Inc. by 48.6% in the second quarter. source
• After the sale, Birchbrook Inc. retained 8,161 shares of Fortinet, Inc. valued at $1,254,000. source
• Birchbrook Inc. sold 7,709 shares of Fortinet, Inc. in the second quarter. source
• Fortinet reported strong Q2 earnings, surpassing analyst estimates. source
• Hedge funds and institutional investors collectively own 83.71% of Fortinet, Inc.'s stock. source
• Fortinet's stock opened at $159.64 on Friday. source