Intel's Premarket Surge

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

Exploring the 18A Node

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 semiconductor technology. The 18A process is Intel's cutting-edge set of technologies designed to produce advanced artificial intelligence semiconductors and other high-tech chips.

Market Reaction

As a result of these developments, Intel's stock price saw a notable increase, climbing 7.33% to $25.47 per share by 6:09 am ET. This premarket activity highlights the market's positive response to the potential collaboration and Intel's technological advancements.