Intel Rises 3% as SpaceX, Tesla, and xAI Tap Chip Giant for Ambitious TeraFab Project
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...