Intel
INTCQ1 2024(INTC Q4 FY2023)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$4.2B
AI Revenue (Q)
$424.7M
Total Revenue (Q)
$14.2B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2023 (full year 10-K). Full year 2023 net revenue: $54,228M. Full year DCAI: $15,521M. Full year Mobileye: $2,079M. No Gaudi-specific revenue disclosed anywhere in the 10-K. The segment is called 'Data Center and AI' but the AI label is aspirational - the vast majority remains Xeon server CPUs. Full year Mobileye AI portion (50%): ~$1,040M. Xeon AI inference (~3% of DCAI): ~$466M. Gaudi2 full year: ~$200M (generous; likely less). Total AI: ~$1,706M. AI%: $1,706M / $54,228M = 3.1%. Rounded to 3.0%.
Analyzed by claude-opus-4-6
Quoted Figures
FY2023 total net revenue $54,228M; DCAI $15,521M; Mobileye $2,079M
10-K for fiscal year ending Dec 30, 2023, Segment Data Note
Three largest customers (Dell 19%, Lenovo 11%, HP 10%) account for 40% of revenue
10-K for fiscal year ending Dec 30, 2023, Segment Data Note
AI Products Identified (Ring 1)
Mobileye ADASXeon (AI inference portion)Gaudi2 AI accelerator
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
DCAI server CPUs (non-AI workloads)CCG client PCsIntel Foundry ServicesNetwork and Edge
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix