San Francisco, April 09,2026: The Intel share price continued its strong upward momentum on April 9, 2026, following a new partnership announcement with Google. The collaboration focuses on developing advanced chips for artificial intelligence data centers.
The Intel share price rose about 3 percent in early trading, marking its seventh consecutive session of gains. This would be the company’s longest winning streak since September 2023 if the trend continues.
Intel confirmed it is expanding its relationship with Google through a multiyear agreement. Under this deal, Intel will supply multiple generations of its Xeon data center processors. This extends an existing CPU partnership between the two companies.
In addition to CPUs, the companies will work together on custom infrastructure processing units. These chips are designed to handle tasks such as networking, storage, and security, improving efficiency and performance in AI data centers.
Intel said the programmable chips will help deliver more predictable performance for large-scale AI workloads. The announcement comes as demand for AI infrastructure continues to grow rapidly.
Intel CEO Lip Bu Tan said scaling AI requires balanced systems. He added that CPUs and infrastructure chips play a central role in delivering performance, efficiency, and flexibility for modern AI workloads.
The company’s stock has gained 47.5 percent over the current seven-session period. If maintained, this would mark the largest seven-day increase on record. The stock had already closed near a five-year high in the previous session.
Intel’s server processors are becoming increasingly important as the industry shifts toward running AI models after training. Rising demand for these chips has begun to outpace supply, creating potential constraints in AI development.
Earlier in April, Intel also announced a 14.2 billion dollar move to repurchase a 49 percent stake in its Ireland chip manufacturing joint venture. The company said this reflects continued business momentum in its CPU segment.
The expanded partnership with Google signals further focus on AI infrastructure, with both companies working on future chip technologies for data centers.
