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Reuters

Nvidia CEO says interested in exploring chip manufacturing with Intel

(Reuters) -Nvidia Corp is interested in exploring using Intel Corp for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday. Early last year, Intel, which was making mostly chips it designed, decided to expand its business into making chips that others design as well, called the foundry business, and has announced several multibillion-dollar projects for new manufacturing centers in the United States and Europe. Intel’s shares rose as much as 2.5% following Huang’s comments.