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Intel shares jump 13% as Google and Nvidia consider it a backup chip maker.

Market News
08 Jun 2026
Market Watch
View Source
Bullish
pluang ai news

Intel's stock surged 13% after a report revealed that Google and Nvidia are considering Intel as a backup manufacturer for their chips. Alphabet may have Intel produce over 3 million tensor processing units starting in 2028. This potential partnership highlights Intel's growing role in the semiconductor industry and could strengthen its position among major tech companies. Investors are optimistic about Intel expanding its customer base with these high-profile deals.

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