Explore the latest developments concerning Intel Shares Fall.
Intel Shares Fall on Report Nvidia Halts Production Test
(Bloomberg) — Intel Corp. shares fell Wednesday after a report said that Nvidia Corp. halted a test to use Intel’s production process to make advanced chips.
Nvidia recently tested the so-called 18A process but stopped moving forward, Reuters reported, citing two unidentified people familiar with the matter.
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Spokespeople for Nvidia and Intel didn’t immediately respond to requests for comment. An Intel spokesperson told Reuters that the company’s 18A manufacturing technologies are “progressing well.”
Intel’s shares fell about 2.2% as trading got underway in New York.
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