By Adam Clark
Intel was gaining early on Monday on the prospect its chip-manufacturing business could gain major customers in Nvidia and Broadcom.
Chip designers Nvidia and Broadcom are both running tests on Intel's 18A manufacturing process, Reuters reported on Monday, citing people familiar with the matter. None of the three companies immediately responded to requests for comment.
Intel shares were rising 6% in premarket trading.
Intel has repeatedly claimed that its 18A process is poised to give it a technological lead in chip manufacturing against dominant rival Taiwan Semiconductor Manufacturing, or TSMC.
Nvidia and Broadcom's tests aren't being conducted on complete chip designs and many potential customers are unlikely to be unable to produce chips on Intel's 18A process until at least mid-2026, according to the report.
Write to Adam Clark at adam.clark@barrons.com
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(END) Dow Jones Newswires
March 03, 2025 07:22 ET (12:22 GMT)
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