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

date
08/04/2026
On the 7th local time, Intel announced on social media that it will join Elon Musk's previously announced large-scale chip manufacturing project to collaborate on advancing semiconductor manufacturing and high-performance chip research and development. Influenced by this news, Intel's stock price rose more than 4% on the 7th. Analysis points out that Intel has been seeking external foundry customers for many years, but has not made significant progress. This cooperation with Musk's company may become a key breakthrough for Intel to expand its wafer foundry business.