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 is making strides in its bid to become a true player in the contract chip manufacturing business. Sources familiar with the matter told Reuters that

Intel's 18A process could boost its struggling chip business, with Nvidia, Broadcom, and AMD considering using it. Intel stock surged after report.