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 was gaining early Monday on the prospect its chip-manufacturing business could gain major customers in Nvidia and Broadcom. Chip designers Nvidia and Broadcom are both running tests on Intel’s 18A manufacturing process,

Key Takeaways Intel shares were up Monday after a report said Nvidia and Broadcom are running tests of its chip manufacturing process.Successful tests could mean chip manufacturing contracts for Intel worth hundreds of millions,