Intel reportedly in early talks to add AMD as foundry customer

Industry Trend & Strategic Alliance - Intel and AMD are in early discussions for AMD to utilize Intel's foundry services, specifically their manufacturing factories [2] - This potential deal is viewed as a symbolic win for Intel, aiming to rebuild credibility in chip manufacturing [2] - Intel has been seeking endorsements and potential investments from companies like Nvidia, Apple, and TSMC [3] Technological Capabilities & Limitations - Intel's foundries currently cannot match TSMC's cutting-edge technology [3] - AMD would likely only shift less advanced production to Intel [3] - Some argue that this doesn't necessarily address Intel's underlying problem of advanced manufacturing capabilities not being up to par [5] Market Reaction & Investor Sentiment - Intel's stock experienced a pop of at least 6% due to the potential of AMD becoming a customer or investor [4] - The deal is less about immediate revenue and more about establishing Intel as a viable domestic alternative [5] Geopolitical Implications - US chip independence is a political priority [5]