NVIDIA buys $5B stake in Intel
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While Intel (INTC) is picking up momentum on the deals front, its manufacturing unit has struggled to produce quality in-house chips, according to Reuters, which reports that Nvidia (NVDA) recently tested out whether it would manufacture its chips using Intel’s 18A production process,
Nvidia has scrapped plans of making advanced chips using Intel's 18A node. Analyst explains why the 18A news doesn't matter for INTC shares.
Geoffrey Seiler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Intel, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.
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