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Intel Stock Declines Amid Nvidia's Withdrawal from 18A Chip Deal

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Source: Barron's
Intel Stock Declines Amid Nvidia's Withdrawal from 18A Chip Deal
Photo: Barron's
TL;DR

Intel's stock dropped 2.3% after Nvidia abandoned plans to use Intel's 18A chip production process, undermining hopes for Intel's manufacturing revival. Nvidia's decision, despite previously testing Intel's process and taking a $5 billion stake, signals ongoing manufacturing challenges for Intel and impacts investor confidence. Nvidia's stock, however, continues to rally, reflecting strong demand and positive market sentiment.

Topics:business#18a-process#business#chip-manufacturing#intel#nvidia#stock-decline
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  1. Intel Stock Drops. Blame Nvidia.  Barron's
  2. INTC: Intel Stock Falls After Nvidia Backs Out of 18A Chip Deal  Yahoo Finance
  3. Intel Shares Fall on Report Nvidia Halts Production Test  Bloomberg.com
  4. Intel shares fall after Nvidia reportedly declines to move forward with 18A manufacturing process  Seeking Alpha
  5. NVIDIA Tested Intel's 18A Node but Did Not Commit to Intel Foundry  TechPowerUp

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