Intel’s cumulative software sales are projected to reach a significant milestone of $1 billion by the end of 2027.


Intel’s software division is experiencing positive growth, with projections indicating a potential cumulative revenue of $1 billion by the end of 2027, as shared by Chief Technology Officer Greg Lavender in a recent interview with Reuters.

Intel generated over $100 million in software revenue during 2021. This was the year that CEO Pat Gelsinger recruited Ms. Lavender from the cloud computing company VMware to lead Intel’s software strategy. Since then, Intel has acquired three software companies.

"I have a goal of getting to $1 billion of software and developer cloud subscription revenue," he said. "I think I'm on track to hit this goal by the end of 2027 ... maybe sooner."

Intel, a global technology leader, generated $54 billion in revenue in 2023. The company provides a comprehensive suite of software services and tools for hire, encompassing cloud computing, artificial intelligence, and other cutting-edge technologies.

“Our strategic focus is on delivering AI, performance, and security services. We have been consistently investing in these three domains.” -Lavender said

In a separate statement, Lavender indicated that Intel is experiencing significant demand for its forthcoming Gaudi 3 chip. He expressed his belief that this product has the potential to propel the company to the second position in the AI chip market.

The market penetration of AI processors from Intel and Advanced Micro Devices has been limited in comparison to the dominance of Nvidia, which held approximately 83% of the data center chip market share in 2023.

Lavender added that Intel is actively supporting open-source initiatives that aim to develop software and tools capable of powering a diverse range of AI chips. The company anticipates significant advancements in this area in the upcoming months.

A portion of Nvidia's achievements can be attributed to its software CUDA, which fosters developer loyalty to Nvidia chips. Sources indicate that France’s antitrust regulator intends to charge Nvidia for potential anti-competitive conduct. The regulatory body has expressed concerns regarding the generative AI industry’s reliance on CUDA.

Intel is a member of the UXL Foundation, a collaborative effort among technology companies to develop an open-source initiative that seeks to ensure the compatibility of computer code across various platforms, irrespective of the underlying chip and hardware configurations.

Other esteemed members include Qualcomm (QCOM.O), Samsung Electronics, and Arm Holdings.

Intel is making a valuable contribution to Triton, a collaborative initiative spearheaded by OpenAI. This open-source programming language aims to significantly improve code efficiency across various AI chips. Notably, AMD and Meta are also extending their support to this project.

Triton, an AI software platform, is currently operational on Intel’s existing graphics processing units and is anticipated to be compatible with the company’s upcoming generation of AI chips.

“Triton will serve as an equalizer in the competitive landscape,” he stated.