Intel stock pops on news company is in early talks to add AMD as a customer

[soAsian]

Key Points

• - Intel is in early talks with AMD to manufacture chips for it in its foundry business, according to a report from Semafor.
• - If AMD were to start manufacturing chips with Intel, it would be a significant win for the company’s foundry business, which is currently seeking big customers.
• - It would also signal that AMD, which competes with Intel in x86-based chips for PCs and servers, is confident doing its manufacturing with its biggest competitor.

https://www.cnbc.com/2025/10/01/intel-stock-amd-chips.html

No detail. just headline and "breaking news"

 

[Mooredaddy]

So many "rumours" floating around intel lately. Reeks of stock manipulation. I dont see why AMD would do this?

 

[KevinK]

I dont see why AMD would do this?

Trump's 1:1 pressure on fabless chip companies ?

 

[hist78]

Trump's 1:1 pressure on fabless chip companies ?

Having more cash to invest/deposit in any new TSMC Arizona production capacity is more safer, practical, simpler, and beneficial.

 

[Daniel Nenni]

The source of the rumor:

Exclusive / Intel in early talks to add AMD as foundry customer

Intel is in early-stage talks to add AMD as a customer at Intel’s factories, in what would be another vote of confidence in the struggling chipmaker, according to people familiar with the matter.

In the past seven weeks, Intel has gained investment dollars and public support from the White House, Nvidia, and SoftBank, and is in talks for backing from Apple, Semafor and others have reported. AMD designs chips that are currently produced mostly by Taiwan’s TSMC, and Intel currently lacks the technology to produce AMD’s most advanced, profitable chips.

It’s unclear how much of their manufacturing would shift to Intel if the two companies reach a deal, or whether it would come with a direct investment by AMD, similar to the deals cut by other companies. It is possible that no agreement will be reached, the people said.

Spokespeople for Intel and AMD declined to comment. Intel shares rose around 3.5% on the news and are up around 77% for the year.

AMD has reason to stay in the White House’s good graces. Its significant business selling chips in China was hit by export restrictions earlier this year, which Trump recently loosened.


Intel’s chip factories are considered inferior to TSMCs. But big American companies, following the Trump administration’s preference for having a US chip-manufacturing champion, have diverted at least some of their production, mostly for less-advanced chips, towards Intel’s domestic foundries.

Intel for months has been speaking with prospective customers and investors about similar deals, people familiar with the company have previously said.

Intel once dominated, and still has a large market share, in more prosaic chips that power laptops. But the rapid advancement and adoption of AI chips, pioneered by Nvidia, has left it flat-footed.

* Semafor is a digital media company launched in October 2022 by journalist Ben Smith (former media columnist at The New York Times and editor-in-chief of BuzzFeed News) and Justin B. Smith (former CEO of Bloomberg Media).

Intel in early talks to add AMD as foundry customer

AMD relies on TSMC for most of its manufacturing, but the US government has made clear that bolstering Intel is a top priority.

www.semafor.com

 

[Daniel Nenni]

This would be a big shock. Nvidia I understand, AMD I do not. The TSMC AMD relationship is very close. Maybe AMD will throw IFS a bone but I do not see HVM anytime soon. This seems to be a political move which is fine. The USG investment in Intel continues to pay dividends. Lisa Su does go to the White House and she has to compete with Nvidia. Exciting times in the semiconductor industry, absolutely.