Intel's Stock Surge on Collaboration News

Intel Corporation's shares experienced a significant surge, jumping over 7% in premarket trading this Monday. This leap comes on the heels of exciting news regarding a potential collaboration with tech giants Nvidia Corporation and Broadcom Inc.

Behind the Surge: Nvidia and Broadcom's Interest

According to sources cited by Reuters, Nvidia and Broadcom are currently conducting manufacturing tests on Intel's 18A node. This move could indicate a substantial investment from both companies into Intel's advanced technological offerings. The 18A process is Intel's latest in a series of technologies designed to push the boundaries of artificial intelligence semiconductors and other chip technologies.

At 6:09 am ET, Intel's stock was up by 7.33%, trading at $25.47 per share, showcasing the market's positive reception to the news.