INTC · 10-K · 2025A · Full report

Supply Chain Concentration Risk

INTEL CORP · 2026-01-23 · Importance 42 · Surprise 24

Intel relies on a global supply chain with thousands of suppliers for critical tools and materials, and acknowledges sole‑source dependencies such as ASML for EUV lithography tools and concentration of certain rare earth minerals in China. The company actively seeks to maintain close supplier relationships, diversify sourcing and reduce geographic dependencies where possible to address capacity constraints, quality issues and supply volatility. Intel warns the semiconductor supply chain remains subject to shortages, extended lead times, price fluctuations, trade disputes and geopolitical tensions that could impact availability and cost. The company states it continues to work with suppliers and governments to strengthen supply chain resilience and support a geographically balanced semiconductor ecosystem.

Key facts

• Industry-wide shortages of substrates, memory and other critical components may further limit Intel's ability to meet CCG and DCAI customer demand in 2026.
• Intel's infrastructure processing units (IPUs) are manufactured at an external foundry on process nodes that vary by product.
• Intel sources critical development and manufacturing tools and materials from thousands of suppliers worldwide and is reliant on sole-source providers such as ASML for EUV lithography tools.
• Intel noted China is the primary source of global supply for certain rare earth minerals critical to technology products and processes.

Impact estimates