Intel Stock INTC Slips as Nvidia Pauses 18A Test: Latest News, Forecasts, and What Matters Next
Intel shares fell about 1% to $35.97 on December 24 after reports that Nvidia halted testing of Intel’s 18A chip manufacturing process. Trading was light in a shortened Christmas Eve session. Intel said its 18A technology is progressing and highlighted ongoing interest in its next-generation 14A process. The U.S. government recently announced an $8.9 billion equity investment in Intel.