US Stock Market Move | Intel Corporation (INTC.US) opened down nearly 3%, reports circulating that NVIDIA Corporation is halting tests of its 18A manufacturing process.

On Wednesday, Intel Corporation (INTC.US) opened nearly 3% lower at $35.53. According to two informed sources who spoke to the media, the "AI chip leader" NVIDIA Corporation (NVDA.US) did not continue to advance after evaluating how to manufacture one of its AI chips using Intel Corporation's 18A advanced process technology, but instead chose to pause testing of Intel Corporation's 18A process technology. Intel Corporation's 18A (equivalent to a 1.8 nm process) is an important milestone in its advanced process roadmap, aimed at significantly improving the performance and efficiency of the new generation of chips through the use of RibbonFET transistor structure and PowerVia backside power technology, in competition with advanced manufacturing technologies from competitors such as Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR. The 18A process is not only used for Intel Corporation's own CPU series products, but is also seen as a key technological node for attracting customers to its foundry business.