INTC · 10-Q · 2026Q3 · Full report

Supply Chain Constraints

INTEL CORP · 2026-10-30 · Importance 26 · Surprise 24

Industry-wide shortages of substrates, memory and other critical components constrained Intel’s product availability in Q3 and year to date 2026. Substrate constraints particularly affected data center CPUs that rely on advanced packaging, while high memory prices adversely affected demand in more price-sensitive client markets. Demand for certain data center products continued to exceed available supply, whereas demand for certain client products eased from the first half of the year. Intel is adding manufacturing capacity and securing supplies through long-term agreements, but expects shortages to persist into next year and says its ability to mitigate memory constraints is very limited.

Key facts

• Intel expects industry-wide shortages of substrates, memory and other critical components to persist into next year, potentially limiting its ability to meet demand in some areas and adversely affecting demand in others. source
• Intel made $1.2 billion in prepayments to suppliers in YTD 2026 under supply arrangements to secure component supply. source
• Industry-wide substrate, memory and other critical-component supply constraints affected Intel's Q3 and YTD 2026 results and limited product availability, particularly for data center CPUs reliant on advanced-packaging substrates. source