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Intel Wins Google TPU Order, Tesla 14A Deal, Shares Surge

6/9/2026

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Summary

Story summary

Alphabet Inc. (Google) placed an order with Intel Corp. for more than three million TPUs by 2028.
Intel Corp. shares rose more than 9% early, then jumped 12%, driving a near-169% year-to-date gain under CEO Lip-Bu Tan.
Intel secured billions from the U.S. government, Nvidia Corp. and SoftBank Group for its turnaround.
Tesla Inc. became the first major customer for Intel’s 14A process for its Austin Terafab AI chip project.

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Story summary

Alphabet Inc. (Google) placed an order with Intel Corp. for more than three million TPUs by 2028.
Intel Corp. shares rose more than 9% early, then jumped 12%, driving a near-169% year-to-date gain under CEO Lip-Bu Tan.
Intel secured billions from the U.S. government, Nvidia Corp. and SoftBank Group for its turnaround.
Tesla Inc. became the first major customer for Intel’s 14A process for its Austin Terafab AI chip project.