{"id":195494,"date":"2025-10-01T20:06:10","date_gmt":"2025-10-01T20:06:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/195494\/"},"modified":"2025-10-01T20:06:10","modified_gmt":"2025-10-01T20:06:10","slug":"intel-stock-pops-on-news-company-is-in-early-talks-to-add-amd-as-a-customer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/195494\/","title":{"rendered":"Intel stock pops on news company is in early talks to add AMD as a customer"},"content":{"rendered":"<p>Intel&#8217;s CEO Lip-Bu Tan speaks at the company&#8217;s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025.<\/p>\n<p>Laure Andrillon | Reuters<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/INTC\/\" rel=\"nofollow noopener\" target=\"_blank\">Intel<\/a> is in early talks with <a href=\"https:\/\/www.cnbc.com\/quotes\/AMD\/\" rel=\"nofollow noopener\" target=\"_blank\">AMD<\/a> to manufacture chips for it in its foundry business, according to a report <a href=\"https:\/\/www.semafor.com\/article\/10\/01\/2025\/intel-amd-foundry-customer-deal\" target=\"_blank\" rel=\"nofollow noopener\">from Semafor<\/a>.<\/p>\n<p>Intel shares rose 7% on Wednesday. AMD shares were up over 1%.<\/p>\n<p>If AMD were to start manufacturing chips with Intel, it would be a significant win for the company&#8217;s foundry business, which is currently seeking big customers. Analysts <a href=\"https:\/\/www.cnbc.com\/2025\/05\/29\/intel-ceo-lip-bu-tan-long-track-record-in-chips-needs-big-customer.html\" rel=\"nofollow noopener\" target=\"_blank\">say<\/a> that a big customer would allow Intel Foundry to confidently invest in developing its manufacturing technology and would send a signal to other chip companies that Intel can handle their business.<\/p>\n<p>It would also signal that AMD, which competes with Intel in x86-based chips for PCs and servers, is confident doing its manufacturing with its biggest competitor.<\/p>\n<p>It is unclear how much manufacturing AMD would do with Intel, according to the <a href=\"https:\/\/www.semafor.com\/article\/10\/01\/2025\/intel-amd-foundry-customer-deal\" target=\"_blank\" rel=\"nofollow noopener\">report by Semafor&#8217;s Rohan Goswami<\/a>. AMD currently manufactures its chips with <a href=\"http:\/\/www.cnbc.com\/quotes\/TSMC3&#039;-BR\/\" rel=\"nofollow noopener\" target=\"_blank\">TSMC<\/a>.<\/p>\n<p>In recent weeks, Intel has added several significant investors, including <a href=\"https:\/\/www.cnbc.com\/2025\/08\/22\/intel-goverment-equity-stake.html\" rel=\"nofollow noopener\" target=\"_blank\">the U.S. government<\/a>, <a href=\"https:\/\/www.cnbc.com\/2025\/09\/18\/intel-nvidia-investment.html\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>, and <a href=\"https:\/\/www.intc.com\/news-events\/press-releases\/detail\/1746\/softbank-group-and-intel-corporation-sign-2b-investment\" target=\"_blank\" rel=\"nofollow noopener\">Softbank<\/a>, which were all seen as votes of confidence as the company attempts to turn around its fortunes under new CEO Lip-Bu Tan. However, Nvidia did not commit to using Intel&#8217;s foundry.<\/p>\n<p>Intel shares are up nearly 77% so far in 2025 as investors gain more confidence in the chipmaker.<\/p>\n<p>A representative for Intel declined to comment.<\/p>\n<p>&#8220;AMD does not comment on rumor or speculation,&#8221; an AMD spokeperson said.<\/p>\n","protected":false},"excerpt":{"rendered":"Intel&#8217;s CEO Lip-Bu Tan speaks at the company&#8217;s Annual Manufacturing Technology Conference in San Jose, California, U.S. April&hellip;\n","protected":false},"author":2,"featured_media":195495,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[2473,5681,28,122,5886,13212,113253],"class_list":{"0":"post-195494","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-advanced-micro-devices-inc","9":"tag-breaking-news-technology","10":"tag-business","11":"tag-business-news","12":"tag-intel-corp","13":"tag-taiwan-semiconductor-manufacturing-co-ltd","14":"tag-taiwansmfac-drn-ed"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/195494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=195494"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/195494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/195495"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=195494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=195494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=195494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}