Intel rises after report Nvidia, Broadcom using its processes to test chips

** Shares of chipmaker Intel INTC up 5.9% to $25.14 in premarket trading

** Nvidia NVDA and Broadcom AVGO are running manufacturing tests with Intel, Reuters reports, citing two sources familiar with the matter

** The tests are using Intel's 18A process, a series of technologies and techniques developed over years that is capable of making advanced AI processors and other complex chips

** The two tests indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' worth of manufacturing contracts to Intel, according to the report

** Intel stock fell 60% in 2024