Intel Corporation is trading at $133.53 (+10.27%) following reports that the company has initiated risk production for its next-generation 18A-P manufacturing node.
- Sentiment is being driven by market chatter regarding a potential chip manufacturing deal with Apple, signaling increased confidence in Intel's foundry services.
- The stock is also benefiting from broader strength in the technology sector, with the Nasdaq gaining 0.89%.
- The 18A-P node is a critical milestone in Intel's roadmap to regain semiconductor manufacturing leadership.