Intel has announced that it will help Elon Musk design and build his proposed Terafab in Austin, Texas, a joint venture between Musk's companies like SpaceX, Tesla and xAI to manufacture the chips ...

The takeaway: Intel is betting that advanced chip packaging, not just new process nodes, will power its comeback – and it is now in talks with Google and Amazon about advanced AI chip packaging ...

Intel is teaming up with Elon Musk to help with his Terafab chip project. The chipmaker's stock jumped after it announced the partnership with SpaceX, xAI, and Tesla. Musk previously said the giant ...

Intel shares climbed nearly 9% Wednesday after the chipmaker said it will spend $14.2 billion to buy back a 49% interest in a factory in Ireland. Investment firm Apollo Group bought a minority stake ...

Intel's shares jumped more than 2% after the announcement. The company also posted ‌a photo of CEO Lip-Bu Tan and Musk shaking hands, saying it hosted the world's richest man at its campus the past ...

Intel said Tuesday that it will play an unspecified role in Elon Musk’s “Terafab” project, an effort to build more semiconductor plants and develop new computing power for the billionaire’s companies.

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Intel is increasing its output of server CPUs. The company is also raising prices on those products amid skyrocketing demand from artificial intelligence (AI) inference applications. Intel's buyout of ...

Intel repurchased half of a key chip-building facility. Analysts say the move bodes well for the semiconductor titan's AI prospects. Intel says the acquisition will begin to boost its per-share ...

Big quote: Intel plans to keep its 14th-gen Core "Raptor Lake Refresh" processors and the LGA1700 platform in full production as it transitions to newer chips. The company's decision extends the life ...

Intel is the first major chip maker to lend Elon Musk a helping hand in his bid to launch a potentially multitrillion-dollar semiconductor manufacturing project. Musk announced plans in March to ...