Intel Rises on Google AI Chip Partnership

By EC Assets · Published 24 April 2026 · Updated 24 April 2026

Intel's stock showed significant premarket gains, driven by expanded partnerships and investment news. The U.S. chipmaker secured a commitment from Google to utilize its AI chips for data centers. This development contributes to Intel's recent rise in market value. Google plans to use multiple generations of Intel chips to power its AI data centers. This expands an existing partnership between the two companies. Intel has also announced deals with Elon Musk. Intel's stock is on track for a notable nine-day winning streak. During this period, the company's shares increased by 56%. These gains reflect growing investments and strategic collaborations. Increased demand for AI computing power continues to influence the technology sector. Chipmakers are positioning themselves to meet these industry needs. Partnerships with major technology firms highlight a competitive landscape. Market participants will monitor further announcements from Intel regarding its AI chip development and future partnerships. Updates on AI data center infrastructure investments could also provide direction. This article is intended for informational purposes only. It does not constitute investment advice.