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INTC Jumps 15% as Microsoft Picks Intel for Next-Gen AI Chips

INTC Jumps 15% as Microsoft Picks Intel for Next-Gen AI Chips

2026-05-06

INTC Jumps 15% as Microsoft Picks Intel for Next-Gen AI ChipsIntel Corporation (INTC) shares surged approximately 15% in a single trading session following reports that Microsoft has selected Intel to manufacture its next-generation artificial intelligence chips. The development marks a significant milestone for Intel’s foundry business and signals increasing competition in the AI hardware sector. According to CoinMarketCap, INTC currently sits at $108.63. The daily […]

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