Intel’s Comeback Has a New Catalyst — But the Next Nvidia Talk Is Moving Faster Than the Facts
Intel shares climbed to $128.07 in early U.S. trading Monday after reports that SK Hynix is testing Intel’s advanced chip-packaging technology. The move follows news of a preliminary Apple deal, raising hopes for Intel’s foundry business. Intel reported Q1 revenue of $13.6 billion, up 7% year-on-year. Neither SK Hynix nor Intel confirmed the packaging collaboration.