Intel Gains Traction With 18A Process As Nvidia, Broadcom Consider Manufacturing Contracts

According to a Reuters report, Nvidia Corp (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO) are running manufacturing tests with Intel Corp’s (NASDAQ:INTC) 18A process, signifying potential upside for the U.S. struggling chipmaker.

Intel’s 18A process can make advanced artificial intelligence processors and other complex chips and competes with Taiwan Semiconductor Manufacturing Co (NYSE:TSM) technology, which dominates the global chip market, Reuters cited unnamed sources familiar with the matter. Intel stock gained Monday after the report.

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