Chip designers Nvidia and Broadcom are running manufacturing tests with Intel , two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques.

Intel is rising on a report that two leading AI names are running manufacturing tests using its chipmaking technology.

Intel (INTC) shares climbed nearly 4% in morning trading on Friday after a Reuters report said that Nvidia (NVDA) and Broadcom (AVGO) are running manufacturing tests using Intel’s 18A process. The report also stated that Advanced Micro Devices (AMD) is evaluating Intel’s technology but did not confirm whether AMD has submitted test chips for