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.

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,

NVIDIA and Broadcom are running manufacturing tests with Intel and its new 18A process node, with AMD still thinking about using Intel's 18A process.