nygazet.com logo

Intel stock pops on news company is in early talks to add AMD as a customer

Intel stock pops on news company is in early talks to add AMD as a customer
business10/1/2025

The U.S. government, Nvidia and Softbank have all taken recent stakes in Intel.

Intel is in early talks with AMD to manufacture chips for it in its foundry business, according to a report from Semafor. Intel shares rose as much as 6% on the news at one point during trading on Wednesday. AMD shares were flat. If AMD were to start... [1190 chars]