Intel's 18A Tech Issue Casts Doubt on Turnaround

27 days ago

Natalyia Kenyan Jich

"Let's start with Intel. The ticker is INTC. Uh the shares are down by almost 2%. So it came after Reuters reported that Nvidia halted test that uses um Intel's uh 18A technology to produce its chips. We know that recently Nvidia reported that uh it tested actually if it could manufacture its own chips using this 18A production technology. Uh Reuters uh cited people familiar with the matter. As of now, uh both companies did not comment on that and it's been really critical for in Intel's turnaround story. So, investors really want to see if this uh story can play out."

The speaker highlights concerns regarding Intel's 18A production technology after Nvidia halted its testing, casting uncertainty on Intel's turnaround prospects. Investors appear to be wary as they await further developments in this story.

Related Stocks