Intel joins Elon Musk's chip project to collaborate on semiconductor manufacturing and high-performance chip development

2026-04-10 09:19:31

People’s Financial News, April 8th — On April 7th local time, Intel announced on social media that it will join Elon Musk’s previously announced large-scale chip manufacturing project, collaborating to advance semiconductor manufacturing and high-performance chip research and development. Following this news, Intel’s stock price rose over 4% on the 7th. Analysts point out that Intel has been seeking external foundry clients for many years but has not made substantial progress. This cooperation with Musk’s company could become a key breakthrough for Intel to expand its wafer foundry business. (CCTV Finance)

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