US EditionIntel Shares Hit 18-Month High on New Report
Intel is exploring adding AMD as a foundry customer, a move that could boost Intel's manufacturing business amid investor confidence and a 77% stock rise in 2025.
- Intel is in early-stage talks to add AMD as a customer at Intel's factories, according to people familiar with the matter.
- In the last seven weeks, Intel gained investment and support from various sources, including the White House and Nvidia.
- Intel shares rose around 3.5% on the news of the discussions with AMD.
- It is unclear how much manufacturing would shift to Intel or if any agreement will be reached, according to the people.
36 Articles
36 Articles
In a surprising turnout for the technological industry, Intel and AMD, historical rivals in the processor market can be negotiating a partnership. This agreement, if concrete, would make Intel a semiconductor...
Why Is Intel Stock Soaring Today ? @themotleyfool #stocks $INTC $^GSPC $^IXIC
Key PointsA news outlet is reporting that Intel is in talks with AMD. Intel could soon count AMD as a foundry customer. 10 stocks we like better than Intel › Shares of Intel (NASDAQ: INTC) are jumping on Thursday, up 3.5% as of 2:13 p.m. ET. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) was flat and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%. The chipmaker's stock is still gaining after yesterday's report that Intel is in talks with…
Intel in talks to produce AMD chips in its factories
Intel has opened early discussions with longtime rival AMD about producing some of AMD's chips in its factories, people familiar with the matter told Semafor. Such a deal would mark fresh validation for Intel's struggling foundry business.Read Entire Article
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- 39% of the sources lean Left, 38% of the sources are Center
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