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Intel Rises 3% as SpaceX, Tesla, and xAI Tap Chip Giant for Ambitious TeraFab Project
YahooApr 7, 2026
Intel (NASDAQ:INTC) stock advanced 3% in Tuesday’s session, moving above $52 after news broke that SpaceX, Tesla (NASDAQ:TSLA), and xAI are partnering with Intel on the ambitious TeraFab semiconductor initiative. The move builds on an already remarkable run for the stock, which was up 37.62% year-to-date heading into today. The TeraFab announcement gives Intel’s foundry ... Intel Rises 3% as SpaceX, Tesla, and xAI Tap Chip Giant for Ambitious TeraFab Project
