Intel shares jump on reports of Nvidia, Broadcom chip testing

Intel shares jump on reports of Nvidia, Broadcom chip testing

Intel‘s share price was surging on Monday on the back of reports that semiconductor giants Nvidia and Broadcom are testing chips on Intel’s 18A manufacturing process.

According to Reuters, which cited sources close to the matter, Nvidia and Broadcom are running manufacturing tests using Intel’s advanced production techniques used for AI processors and other complex chips.

If tests are successful, the chip designers could commit to “hundreds of millions of dollars’ worth of manufacturing…

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