Google Orders Over 3 Million TPUs from Intel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 08 2026
0mins
Source: Newsfilter
Intel Corp's stock rose by 3.21% in pre-market trading, reaching a 20-day high.
The increase is attributed to Google placing a substantial order for over three million tensor processing units (TPUs) from Intel, which is expected to enhance Google's AI capabilities and strengthen its market position. This collaboration may also lead to deeper partnerships in chip design and production, leveraging Intel's advanced technologies.
This significant order not only boosts Intel's revenue prospects but also positions the company favorably against competitors like Nvidia, as Google aims to solidify its leadership in the AI and machine learning sectors.
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Analyst Views on INTC
Wall Street analysts forecast INTC stock price to fall
29 Analyst Rating
5 Buy
19 Hold
5 Sell
Hold
Current: 121.100
Low
20.00
Averages
39.30
High
52.00
Current: 121.100
Low
20.00
Averages
39.30
High
52.00
About INTC
Intel Corporation is a global designer and manufacturer of semiconductor products. The Company's segments include Intel Products, Intel Foundry, and All Other. Its Intel Products comprise Client Computing Group (CCG) and Data Center and AI (DCAI). CCG delivers platforms and processors that power PCs and edge devices, enabling enhanced performance, connectivity and user experience for consumer and commercial markets with capabilities that also support retail, industrial robotics and AI ecosystems at the edge. DCAI delivers workload-optimized solutions based upon its x86 architecture for data centers, including CPUs, AI accelerators, NICs, IPUs and custom ASICs, enabling performance and scalability for cloud, enterprise, telecommunication and HPC environments. The Intel Foundry segment comprises technology development, manufacturing and foundry services, developing new semiconductor process technologies and advanced packaging technologies. All Other segments include Mobileye and Other.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Focus Shift: While the market primarily focuses on Nvidia's GPUs, Cramer points out that investors are overlooking the critical role of CPUs in the AI ecosystem, potentially giving Intel an unexpected competitive edge.
- Management Transformation: Since Lip-Bu Tan became CEO in March 2025, Intel's stock has surged, reflecting growing market confidence in the company's ability to regain competitiveness in chip design and manufacturing, indicating positive signs of its turnaround.
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- AMD's Data Center Revenue Growth: AMD's data center revenue jumped 57% year-over-year to $5.8 billion in the first quarter, fueled by strong performance from EPYC processors and Instinct AI chips, highlighting its strengthening market position in AI.
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See More
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See More
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- Market Recovery: Despite the sell-off, the S&P 500 rose 0.9% over a shortened four-session trading week, marking its 11th weekly gain in the past 12 weeks, demonstrating market resilience and a recovery in investor confidence.
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See More
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- Earnings Miss Dragging Down: Accenture's stock fell nearly 25% this week, with an RSI of 23, after reporting third-quarter revenue of $18.72 billion, which was below market expectations, alongside a decline in new bookings, leading to diminished confidence in its growth prospects.
- Acquisition Financing Challenges: Fox Corporation announced its acquisition of Roku for $160 per share, totaling approximately $22 billion, and while securing a $12 billion loan, concerns over its financing strategy may impact stock performance moving forward.
See More
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- Rise of AI Assistants: Qualcomm CEO Cristiano Amon stated that future AI assistants will integrate multiple applications to enhance user experience, potentially replacing traditional apps and driving a comprehensive transformation of smart devices.
- Potential of Smart Glasses: Amon is optimistic about the prospects of smart glasses, believing their market size could rival that of smartphones, which saw over 1.2 billion units shipped last year, indicating a significant market opportunity.
- Diverse AI Device Designs: Qualcomm is developing over 40 different AI devices, including jewelry, earbuds, and watches, all designed to revolve around AI assistants, aiming to provide a richer user interaction experience.
- Balancing Privacy and Functionality: As AI assistants become more prevalent, Amon emphasized that privacy concerns will be a critical challenge, with success hinging on finding the right balance between functionality and user privacy.
See More
