Intel stock on historic 9-day winning streak, up 58%
The Intel logo is displayed on a sign in front of Intel headquarters in Santa Clara, California, on July 16, 2025.
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Intel It saw its ninth straight day of gains on Monday, rising 58% in that period and on track for its best multi-day rise since at least the 1970s.
The stock’s last nine-day winning streak was in September 2023, and the last streak longer than that, a 13-day winning streak, was in May 2005.
A number of major deals and announcements from the US chipmaker have fueled this run; This includes partnerships. Google and Elon Musk’s Terafab project.
Last week, Intel announced the expansion of its partnership. Google. Google will use Intel’s latest Xeon 6 central processing units to run AI training and inference workloads. announcement.
Intel also announced last week that Elon Musk will join the Terafab project.
plans TerafabAn advanced artificial intelligence chip complex located in Austin, Texas, was announced by Musk last month. The complex will design and manufacture custom chips for SpaceX, xAI and Tesla’sAccording to Musk.
On Tuesday, Intel released a photo: CEO Lip-Bu Tan and Musk together.
“Our ability to design, manufacture and package ultra-high-performance chips at scale will help accelerate Terafab’s goal of producing 1 TW of compute per year to power future advances in artificial intelligence and robotics,” the company wrote.
The chipmaker also bought back the remaining shares of its Irish chip factory earlier this month. The $14.2 billion acquisition showed renewed strength compared to its balance sheet in 2024, when it sold a 49% stake.
Intel and Advanced Micro Devices Leading the CPU industry. Last month, Dion Harris, head of AI infrastructure Nvidia He told CNBC that CPUs have “become the bottleneck” for AI and mediated workflow.
Unlike AMD and Nvidia, which outsource silicon production, Intel designs and manufactures its own chips.
In August, the US government bought a 10% stake in Intel, the only company capable of producing advanced chips domestically. A month later, Nvidia announced a $5 billion investment and technology collaboration with the company.
Nvidia CEO Jensen Huang called the deal “an incredible investment.”
Intel stock month to date
