INTC 18A-P manufacturing node risk production

What happened: On June 16, Intel Corporation (NASDAQ:INTC) announced that its Intel 18A-P process has entered risk production, a critical step in its manufacturing roadmap. This advanced process, a performance-enhanced version of the Intel 18A, promises robust gains in efficiency and performance. Intel's stock extended gains on June 17 following this announcement, which also positions the company favorably in its potential chip-making deal with Apple (AAPL).

Market impact: The semiconductor sector is affected, with Intel's move potentially challenging AMD's dominance in CPUs. Intel's 18A-P process node could attract more customers, given the strong demand already witnessed for its 18A chips. This development may also influence Apple's decision in its chip-making partnership, impacting both companies' stock prices.

What to watch next: Intel's upcoming earnings report on July 28 will provide further insights into the demand and potential market share gains from its 18A and 18A-P processes. Additionally, any updates on Intel's potential chip-making deal with Apple will be crucial, as this could significantly impact both companies' futures.