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Intel 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.
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22 Articles
Intel’s actions have skyrocketed in the Nasdaq this Wednesday with the possibility that AMD, its historic competitor in the personal computer chip segment, will become a customer in the manufacturing business. Continue reading
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Coverage Details
Total News Sources22
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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