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Intel in Talks with AMD for Chip Manufacturing Partnership

10/2/2025

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Story summary
  • Intel Corporation is in early talks with Advanced Micro Devices, Inc. (AMD) to manufacture chips at Intel's foundries.
  • No commitments exist; AMD relies on Taiwan Semiconductor Manufacturing Company (TSMC) and competes with Intel.
  • Investments from the U.S. government, Nvidia, and SoftBank bolster Intel.
  • Intel shares rose 3.5% after the news, up 77% for the year; both declined to comment.