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Intel Stock Jumps On Report Google, NVIDIA Eye It As Backup Chipmaker - Intel (NASDAQ:INTC)
Intel (INTC) stock sky-rockets 11.83% premarket to $110.90 following landmark reports that Google and NVIDIA are choosing Intel as a backup AI chip foundry.
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thenextweb.com
Google and Nvidia eye Intel as a TSMC backup for AI chips
Google has ordered 3M+ TPUs from Intel for 2028 and Nvidia is testing its 18A process, a rare vote of confidence in the struggling US foundry as TSMC strains.
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theinformation.com
Google and Nvidia Consider Intel as Backup Chip Manufacturer
TSMC’s capacity struggles are turning into a boon for Intel. As the Taiwanese chip making giant struggles to meet overwhelming demand for its chip manufacturing capacity, several…
