Intel’s CEO Lip-Bu Tan speaks on the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025.
Laure Andrillon | Reuters
Intel is in early talks with AMD to manufacture chips for it in its foundry enterprise, in accordance to a report from Semafor.
Intel shares rose as a lot as 6% on the news at one level throughout buying and selling on Wednesday. AMD shares have been flat.
If AMD have been to begin manufacturing chips with Intel, it will be a important win for the company’s foundry enterprise, which is presently in search of massive prospects. Analysts say that a massive customer would permit Intel Foundry to confidently make investments in growing its manufacturing expertise and would ship a sign to different chip corporations that Intel can deal with their enterprise.
It would additionally sign that AMD, which competes with Intel in x86-based chips for PCs and servers, is assured doing its manufacturing with its largest competitor.
It is unclear how a lot manufacturing AMD would do with Intel, in accordance to the report by Semafor’s Rohan Goswami. AMD presently manufactures its chips with TSMC.
In latest weeks, Intel has added a number of important buyers, together with the U.S. government, Nvidia, and Softbank, which have been all seen as votes of confidence as the company makes an attempt to flip round its fortunes below new CEO Lip-Bu Tan. However, Nvidia didn’t commit to utilizing Intel’s foundry.
Intel shares are up practically 77% to date in 2025 as buyers achieve extra confidence in the chipmaker.
A consultant for Intel declined to remark.
“AMD does not comment on rumor or speculation,” an AMD spokeperson mentioned.