Intel and AMD Foundry Cooperation in Preliminary Negotiation Stage
Jinse Finance reported, citing informed sources, that Intel is in early discussions with AMD to explore the possibility of including AMD as a foundry customer. It is currently unclear how much of AMD's production would shift to Intel if an agreement is reached, or whether this move would involve a direct investment from AMD. There is also a possibility that the negotiations may not result in any deal. Following the news, Intel's stock price surged sharply, rising more than 6% at one point. (Golden Ten Data)
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