Intel has forecast that it will return to profitability by 2028, with the company citing its artificial intelligence initiatives as the key driver of the turnaround.
AI as the profit catalyst
The chipmaker's prediction, made public in a recent statement, emphasizes AI as a growth engine. Intel expects that its investments in AI technology will generate sufficient revenue to return the company to profit before the end of the decade.
The forecast sets a clear milestone for investors and employees. It signals confidence in Intel's strategic pivot toward AI, though the company did not provide specific financial targets or a detailed breakdown of which AI projects would contribute.
Intel's statement did not include a timeline for when the profitability would be achieved within the 2028 window, leaving some questions about the pace of the recovery.
