Intel Shares Jump on Report Google Will Order 3 Million AI Chips by 2028
Updated
Updated · Bloomberg · Jun 9
Intel Shares Jump on Report Google Will Order 3 Million AI Chips by 2028
3 articles · Updated · Bloomberg · Jun 9
Summary
Intel shares posted their biggest rise in a month after The Information reported Google plans to use Intel to manufacture more than 3 million AI chips in 2028.
Google chose Intel for some of its tensor processing units, or TPUs, after months of testing the chipmaker’s technology, according to the report citing two unnamed sources.
The reported win points to a potential manufacturing boost for Intel as it tries to secure major external customers for advanced chip production.
For Google, the move suggests a broader supplier strategy for AI infrastructure as demand for specialized chips keeps climbing.