Intel is in early-stage talks with AMD in an attempt to add the rival chipmaker to its portfolio of customers for contract manufacturing of processors. This is reported by industry publication Semafor citing sources.

AMD now produces chips at TSMC fabs, which is superior to Intel in terms of technology. However, AMD has reasons to maintain good relations with the White House, which supported Intel in September, the publication notes. Many American companies are encouraged by the Donald Trump administration to locate at least part of their production in the US. In this case, we may be talking about less complex chips, Semafor believes.

It remains unclear how much production volume can be transferred to Intel in the case of a deal, and whether it will be accompanied by direct investment from AMD, as in the case of other investors, the publication writes. Semafor sources emphasize that negotiations may not lead to an agreement.

Over the past seven weeks, Intel has received investment and public support from the White House, Nvidia and SoftBank. Last week, it was also revealed that Intel is in talks with Apple.

Intel and AMD representatives declined to comment to Semafor.

Shares of Intel, thanks to the news of possible negotiations with AMD, ended trading on October 1 up 7.1% to $36.

This article was AI-translated and verified by a human editor

Share