Intel shares have rallied for nine straight trading sessions, rising approximately 4% on the latest day and totaling a 55% gain since the streak began. This represents the longest continuous advance since May 2005, driven by renewed interest in central processing units as AI workloads demand greater computing capacity.

Intel broadened its existing collaboration with Google to deploy Xeon 6 processors for AI training and inference tasks at scale. The company also confirmed its role in Musk’s Texas-based Terafab initiative, which aims to develop custom silicon for ventures including SpaceX and Tesla, enhancing Intel’s footprint in bespoke chip manufacturing.

Earlier this month, Intel acquired the remaining minority interest in its Ireland fabrication facility for $14.2 billion, securing full ownership. Analysts view this move as a sign of strengthened financial stability and greater operational control over one of Intel’s key global production sites.

Intel is ramping up investments in advanced packaging technologies such as Foveros and EMIB to meet emerging AI hardware needs. Industry observers suggest successful execution could position Intel as a critical bottleneck in the AI supply chain, unlocking further margin and earnings upside in coming years.