Goodwill and Acquisition-related Intangibles, net

3 Months Ended

Mar. 28, 2026

Intangible Asset, Goodwill and Other [Abstract]

Goodwill and Acquisition-related Intangibles, net

Goodwill

The following table summarizes Goodwill:



(in millions)	Data Center		Embedded		Client and Gaming		Total
December 27, 2025	$	3,690	$	21,072	$	364	$	25,126
Measurement period adjustments relating to acquisitions	218		—		—		218
March 28, 2026	$	3,908	$	21,072	$	364	$	25,344

Acquisition-related Intangibles, net

The following table summarizes Acquisition-related Intangibles Assets:


	March 28, 2026						December 27, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(In millions)						(In millions)
Developed technology	$	13,599	$	(3,821)	$	9,778	$	13,599	$	(3,560)	$	10,039
Customer relationships	12,324		(6,537)		5,787		12,324		(6,267)		6,057
Product trademarks	914		(325)		589		914		(305)		609
Total acquisition-related intangible assets, net	$	26,837	$	(10,683)	$	16,154	$	26,837	$	(10,132)	$	16,705

Acquisition-related intangible amortization expense was $551 million and $567 million for the three months ended March 28, 2026 and March 29, 2025, respectively.

Based on the carrying value of acquisition-related intangibles recorded as of March 28, 2026, and assuming no subsequent impairment of the underlying assets, the estimated future annual amortization expense for acquisition-related intangibles is as follows:


Fiscal Year	Remainder of 2026		2027		2028		2029		2030		2031 and thereafter		Total
	(In millions)
Future annual amortization	$	1,602	$	2,036	$	1,923	$	1,691	$	1,454	$	7,448	$	16,154