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Stock of the Day: Intel spikes 6% as Nvidia and Broadcom reportedly test its tech for AI chip-making

  • Intel stock rose nearly 6% as Nvidia and Broadcom reportedly test its tech for AI chip-making.
  • Nvidia and Broadcom are running manufacturing tests at Intel's foundry, utilizing Intel's 18A manufacturing process.
  • The endorsement from top AI chipmakers can help strengthen Intel's stock, which has dropped in the past year.
  • Though testing can last months and may have disappointing conclusions, it is a positive development for Intel.

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