Intel Corp (NASDAQ:INTC) shares are trading higher Monday following reports suggesting NVIDIA Corp (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO) are performing manufacturing tests with the company.
What To Know: Chip designers Nvidia and Broadcom have been doing manufacturing testing with Intel’s 18A manufacturing process, suggesting the chipmaker could be in the running for manufacturing contracts, per Reuters.
Sources familiar with the matter reportedly said the pair of tests indicate the companies are getting closer to making a decision on manufacturing. Intel has not yet announced a prominent chip designer customer, so any …