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Barchart
Wajeeh Khan

INTC Stock Jumps as Google Taps Intel to Make Chips

Intel (INTC) shares ripped higher on June 8 following a report that Google has picked the company to fabricate its next-generation artificial intelligence (AI) chips.

The news instantly reignited investor confidence in INTC’s long-struggling foundry business and its broader turnaround under CEO Lip-Bu Tan.

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