Intel's Premarket Surge

Intel Corporation witnessed a significant surge in its stock value, jumping over 7% in the premarket on Monday. This leap came on the heels of reports suggesting a potential collaboration with tech giants Nvidia Corporation and Broadcom Inc.

Behind the Surge: A Potential Collaboration

According to sources cited by Reuters, Nvidia and Broadcom are currently conducting manufacturing tests on Intel's 18A node. This move is seen as a precursor to potentially investing millions into Intel's advanced artificial intelligence semiconductor technologies, among other chips.

Stock Performance

At 6:09 am ET, Intel's stock was trading at $25.47 each, marking a 7.33% increase. This notable rise underscores the market's positive reception to the news of the possible collaboration, highlighting the potential impact on Intel's future in the semiconductor industry.