Intel’s stock soars as the company’s ‘blue-chip roster’ of customers looks to be growing
AI disclosure
Summary
Investors are cheering the idea that Intel could serve as a backup chip manufacturer for Nvidia and Google.
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BREAKING: Intel stock, $INTC, surges +15% on reports that Google and Nvidia are considering using Intel as a "backup" chip manufacturer. pic.twitter.com/cArkSpkWqv
— The Kobeissi Letter (@KobeissiLetter) June 8, 2026
$GOOGL $NVDA - GOOGLE AND NVIDIA CONSIDER INTEL AS BACKUP CHIP MANUFACTURER - THE INFORMATION
— *Walter Bloomberg (@DeItaone) June 8, 2026
$GOOGL reportedly ordered $INTC to package more than 3M TPUs.
— Shay Boloor (@StockSavvyShay) June 8, 2026
Google is expected to produce 6M+ TPUs using Intel’s advanced packaging technology across 2027 and 2028. pic.twitter.com/ceRqSL26Rp