Google parent Alphabet has selected Intel to manufacture over 3 million tensor processing units for 2028 production, marking a major foundry contract win. Nvidia is evaluating Intel’s process technology for an upcoming design, and Intel shares rose 9% on the report.
Google parent Alphabet has reportedly chosen Intel to manufacture more than 3 million tensor processing units for production in 2028, securing one of the largest known orders for Intel’s foundry business.
Nvidia is evaluating Intel’s advanced process technology for a future processor design, signaling potential additional revenue streams if this evaluation leads to production orders.
The deal underscores Intel’s progress in rebuilding its contract manufacturing capacity and diversifying industry supply chains previously dependent on a single provider, aligning with its IDM 2.0 strategy.
Intel shares rose over 9% on the report, reflecting investor optimism around the company’s foundry turnaround and potential to capture surging demand for AI chip production.
