Intel Shares Surge 58% in Nine-Day Rally on AI Partnerships and Terafab Plan

Intel has fallen behind TSMC in recent years because of process delays and losses in its foundry business. It is seeking to re-enter the AI supply chain through its Intel 18A process and advanced packaging. On September 18, 2025, NVIDIA announced a $5 billion investment in Intel at $23.28 per share and plans to jointly develop data-center and PC chips, providing funding and technical backing for Intel’s turnaround.

As of April 14, 2026, Intel shares had risen for nine consecutive trading sessions, gaining 58% in total, as the market focused on its participation in Elon Musk’s Terafab plan. Reports on June 8 that Google had ordered more than 3 million TPUs for production in 2028 sent the shares up about 11%. NVIDIA was also reportedly testing Intel 18A and the company’s advanced packaging technology.