Chip stocks rebound premarket as Intel manufacturing update lifts sector

Investing.com -- Chip stocks have rebounded in premarket trading Wednesday, led by Intel after the company announced its next-generation 18A-P manufacturing process had reached the risk production stage.

Intel shares have gained approximately 4% premarket, pulling broader semiconductor names higher. Marvell Technology has risen 2.8%, Lam Research added 2.9% and Micron Technology climbed 3.5%. The moves come after chip stocks retreated in Tuesday’s session.

Intel said the 18A-P process delivers a 9% performance improvement over the original 18A node at equivalent power levels, or an 18% reduction in power consumption at the same processing speeds.

The new node is also said to offer improvements to thermal management and design flexibility, while maintaining the same design rules as 18A, allowing chipmakers to carry over existing intellectual property without rebuilding from scratch.

The announcement reinforces Intel's manufacturing roadmap at a time when demand for its processors is accelerating, driven by companies building out artificial intelligence infrastructure.

Earlier this month, Intel announced strategic collaborations with industry leaders, including Foxconn, Siemens, Hitachi, Echo Neurotechnologies, and Greenstone Biosciences, focused on integrated vertical customer solutions based on Intel processors and purpose-built silicon.

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