{"id":367845,"date":"2025-12-24T17:00:08","date_gmt":"2025-12-24T17:00:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/367845\/"},"modified":"2025-12-24T17:00:08","modified_gmt":"2025-12-24T17:00:08","slug":"intel-stock-slips-after-report-says-nvidia-halted-ai-chip-testing-intel-nasdaqintc-nvidia-nasdaqnvda","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/367845\/","title":{"rendered":"Intel Stock Slips After Report Says Nvidia Halted AI Chip Testing – Intel (NASDAQ:INTC), NVIDIA (NASDAQ:NVDA)"},"content":{"rendered":"

Nvidia Corp. (NASDAQ:<\/a>NVDA<\/a>) recently stopped testing whether it would manufacture its advanced artificial intelligence chips<\/a> using Intel Corp.\u2019s (NASDAQ:<\/a>INTC<\/a>) 18A production process, according to people familiar with the matter.<\/p>\n

The pause represents a setback for Intel as it works to win major external customers for its next-generation chip manufacturing business.<\/p>\n

The tests were part of Intel\u2019s push to position itself as a rival to the $1.5 trillion contract chipmaker Taiwan Semiconductor Manufacturing Company (NYSE:<\/a>TSM<\/a>), Reuters reported on Wednesday.<\/p>\n

Also Read: Intel Eyes $1.6 Billion AI Chip Buy As It Takes On Nvidia\u2019s Turf<\/a><\/p>\n

Intel stock slid after the report.<\/p>\n

Benzinga reached out to Intel and Nvidia investor relations for their take on the report and is awaiting their response.<\/p>\n

Setback Comes Despite High-Profile Nvidia Investment<\/p>\n

The development follows Nvidia\u2019s $5 billion investment in Intel, announced earlier this year<\/a>.<\/p>\n

Nvidia and Intel announced a broad partnership to jointly develop several generations of custom data center and PC products, aiming to speed up AI and computing workloads across cloud, enterprise, and consumer markets.<\/p>\n

The news sent Intel shares up more than 29%, giving the chipmaker another lift alongside recent U.S. government support.<\/p>\n

At the time, Intel CEO Lip-Bu Tan emphasized that the companies were focused on collaboration instead of manufacturing agreements.<\/p>\n

Nvidia CEO Jensen Huang echoed that view.<\/p>\n

Intel Says Next-Gen Manufacturing Still On Track<\/p>\n

Meanwhile, Intel said its 18A manufacturing technology is progressing well and continues to attract interest from potential customers.<\/p>\n

It also highlighted its upcoming 14A process, which it says will deliver more powerful and energy-efficient chips.<\/p>\n

Intel stock gained over 81% year-to-date, backed by Trump administration investments, Nvidia partnership, and reports indicating\u00a0Apple Inc.\u00a0(NASDAQ:<\/a>AAPL<\/a>) potentially using Intel for future M-series chips.<\/p>\n

Meanwhile, Nvidia became the first company to top the $4.5 trillion market cap in October 2025, leapfrogging the likes of Apple,\u00a0Alphabet Inc\u00a0(NASDAQ:<\/a>GOOGL<\/a>), and\u00a0Microsoft Corp\u00a0(NASDAQ:<\/a>MSFT<\/a>).<\/p>\n

INTC Price Action: Intel shares were down 3.27% at $35.16 during premarket trading on Wednesday, according to Benzinga Pro data<\/a>.<\/p>\n

Read Next:<\/p>\n

Photo by Tada Images via Shutterstock<\/p>\n","protected":false},"excerpt":{"rendered":"Nvidia Corp. (NASDAQ:NVDA) recently stopped testing whether it would manufacture its advanced artificial intelligence chips using Intel Corp.\u2019s…\n","protected":false},"author":2,"featured_media":367846,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,180602,14993,14990,22649,44607,14989,14988,22650,170140,180603,170142,88484,180604,81446,74],"class_list":["post-367845","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-category-media","tag-category-movers","tag-category-news","tag-category-tech","tag-category-top-stories","tag-cms-wordpress","tag-pageisbzpro-bz","tag-symbol-aapl","tag-symbol-googl","tag-symbol-intc","tag-symbol-msft","tag-symbol-nvda","tag-symbol-tsm","tag-tag-why-its-moving","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/367845","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=367845"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/367845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/367846"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=367845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=367845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=367845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}