Intel is reportedly in early discussions to bring AMD on board as a foundry customer, according to Semafor. This potential partnership could mark a significant shift in the semiconductor industry, as it would allow AMD to leverage Intel's manufacturing capabilities. Such a collaboration could enhance competition and innovation in the market, benefiting consumers and businesses alike.

Intel's shares surged by 6.8% following reports that the company is in discussions to bring Advanced Micro Devices (AMD) on board as a customer for its manufacturing services. This potential partnership could significantly enhance Intel's market position and revenue streams, showcasing a strategic shift that may benefit both companies in the competitive semiconductor industry.