With Tesla and SpaceX Using Intel’s 14A, Is INTC Stock a Buy Now as Part of an Early Bet on Its Foundry Plans?

Intel (INTC) stock has been a massive turnaround story since the appointment of Lip-Bu Tan as the CEO in March 2025. In the last 52 weeks, INTC stock has skyrocketed by 278%. This rally has been backed by steady improvement on the fundamental front. 

A key part of the efforts towards benefiting from AI-driven growth has been strategic partnerships. Recently, Elon Musk said that his companies will be adopting Intel’s “latest technology for its ‘Terafab’ project.” In particular, Tesla (TSLA) and SpaceX will be deploying the 14A manufacturing process. It’s likely to be a big step towards Intel’s revival efforts and a boost for Intel Foundry. To put things into perspective, it’s expected that “Terafab will eventually produce one terawatt of computing capacity a year.”