Advanced Micro Devices, Inc. (NASDAQ:AMD) is Considering Intel for its Foundry Business

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the high-growth semiconductor stocks that are profitable in 2025. On October 1, reports emerged indicating the company could ink a deal with Intel for the manufacture of its chips.

AMD manufacturing its chips at Intel would be a significant win for Intel’s foundry business as the company seeks new big customers. Such a deal would also signal that AMD, which competes with Intel on chips for PC and servers, is ready to partner with its biggest competitor.

It remains unclear how much of the foundry business AMD will hand over to Intel, given that it manufactures most of its chips at Taiwan Semiconductor (TSMC). It is also unclear whether AMD would make a direct investment, similar to the deals struck by other companies.

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs and develops high-performance computing and graphics components, including microprocessors (CPUs), graphics processing units (GPUs), and adaptive computing technologies. Its products are used in PCs, data centers, gaming, and embedded systems, powering everything from personal computers and gaming consoles to servers and supercomputers.

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Disclosure: None. This article is originally published at Insider Monkey.