Intel shares increased in pre-market trading Wednesday. The rise followed reports of a potential collaboration with Nvidia.
Supply chain rumors suggest Nvidia plans to use Intel's manufacturing capabilities. This production targets Nvidia's next-generation 'Feynman' architecture. The architecture is slated for a 2028 release.
The partnership represents a significant win for Intel's foundry business. The collaboration reportedly leverages Intel's advanced 18A or future 14A process technologies. These processes would manufacture portions of the new GPU's input/output die.
Neither company has officially confirmed the deal. The speculation generated positive market sentiment. This provides relief to investors following the stock's recent plunge after disappointing quarterly results and guidance.