The Intel share was able to grow significantly on Wednesday and approach its annual high. A possible driver could be new discussions with AMD about a production deal.
• Intel share with a course jump
• Probably in conversations about possible production deal with AMD
• Intel looking for investors
Intel share in focus
The Intel share was ultimately increased by 7.12 percent to $ 35.94 on Wednesday. In the daily high, she rose to $ 36.06 and thus approached her 52-week high at $ 36.30.
Since the beginning of the year, the semiconductor group’s share certificates have increased by almost 80 percent. An increase of around 58 percent costs within twelve months.
AMD as a foundry customer?
As the news page Semafor reports, Intel is in initial talks about the admission of AMD as customers in his factories, which, according to the matter, is a further proof of trust for the struck company.
It is still unclear which proportion of production would be shifted to Intel should agree or whether AMD is planning a direct investment, similar to the agreements of other companies. However, it is also possible that no agreement would be reached, reports Semafor. Spokesman for the two companies rejected a statement.
Intel advertises investments
Intel recently received Nvidia’s promise for an investment of $ 5 billion. The Bloomberg news agency recently reported that the company also promoted Apple for investments at the electronics group. In addition, there was also speculation about an investment from Taiwan – TSMC, however, denied discussions about a participation or partnership with Intel.
Editor finance.net
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