The Intel logo is displayed on a sign in front of Intel’s headquarters in Santa Clara, California, on July 16, 2025.
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intel On Monday, it posted its ninth straight day of gains, up about 56% during that period and its biggest multi-day gain since at least the 1970s.
The last time the stock had a nine-day streak of gains was in September 2023, and its last longer streak, a 13-day stretch, occurred in May 2005.
Some big deals and announcements from US chipmakers google and Elon Musk’s Terafab project.
Last week, Intel announced an expansion of its partnership. google. According to the announcement, Google will use Intel’s latest Xeon 6 central processing units to run artificial intelligence training and inference workloads.
Intel also announced last week that it will be joining Elon Musk’s Terafab project.
Plans for Terafab, an advanced AI chip complex in Austin, Texas, were announced by Musk last month. The complex will feature SpaceX, xAI, and teslasays Musk.
Intel on Tuesday posted a photo of CEO Lip Vu Tan and Musk together.
“Our ability to design, manufacture and package ultra-high performance chips at scale will help accelerate Terafab’s goal of producing 1 TW of compute per year to power future advances in AI and robotics,” the company wrote.
Earlier this month, the company also bought back the remaining shares in its Irish chip factory. The $14.2 billion acquisition showed new strength on its balance sheet compared to when it sold a 49% stake in 2024.
with intel advanced micro device Leading the CPU industry. Last month, Dion Harris, head of AI infrastructure, said: Nvidia He told CNBC that the CPU is “the bottleneck” for AI and agent workflows.
Unlike AMD and Nvidia, which outsource their silicon manufacturing, Intel designs and manufactures its own chips.
In August, the U.S. government bought a 10% stake in Intel, making it the only company capable of manufacturing cutting-edge chips domestically. A month later, Nvidia announced a $5 billion investment and technology partnership with the company.
Nvidia CEO Jensen Huang called the deal “an incredible investment.”
Intel’s stock price from the beginning of the month to today
