Intel Surges Over 14% in Pre-market Trading as Google and Nvidia Consider Intel as Backup Chip Manufacturing Partner

BlockBeats News, June 8th, according to Bitget market data, Intel (INTC.O) pre-market trading surged by as much as 14%, but has now retreated to 13.75%, trading at $112.63.

According to The Information, Nvidia is evaluating Intel's advanced packaging technology and its 18A process for future chip production. Google has placed orders for over 3 million pieces of TPU from Intel. Google and Nvidia are considering Intel as a backup chip manufacturing partner.