Intel Shares Surge on Nvidia Partnership News for 2028 Feynman GPU
Intel's stock saw a notable premarket jump following reports that Nvidia will leverage Intel's manufacturing capabilities for components of its 2028 Feynman GPU. The collaboration, which also includes Apple, focuses on non-core elements of the chip, utilizing Intel's 18A or 14A processes.
The partnership is strategically designed to align with U.S. chipmaking regulations while preserving Nvidia's existing relationship with TSMC. Intel is expected to handle up to 25% of the final packaging, with TSMC managing the remainder.
Nvidia's $5 billion investment in Intel shares last December underscores the significance of this alliance as Intel navigates its current strategic challenges. The MOVE signals growing confidence in Intel's manufacturing prowess amid the competitive semiconductor landscape.
