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Google Orders 3 Million TPUs From Intel as TSMC Strains
Google ordered more than 3 million Tensor Processing Units from Intel, while Nvidia is testing its chip technology, according to The Information.
On Monday, Intel shares jumped about 12 per cent after The Information reported that Google and Nvidia are evaluating the company as a backup manufacturer for advanced AI chips.
Taiwan Semiconductor Manufacturing is struggling to keep up with surging demand for leading-edge AI chip production, prompting major tech firms to reduce reliance on a single supplier in one country.
Google placed a firm order for more than 3 million Tensor Processing Units for 2028 production, while Nvidia is evaluating Intel's advanced packaging and cutting-edge manufacturing process for future chips.
Intel stock soared as much as 13% to $112.37 in New York, lifting semiconductor stocks and pushing the Nasdaq more than 2% higher following Friday's decline.
The chipmaker holds a backlog worth billions of dollars for packaging services, positioning Intel to capitalize on the shift toward combining chips in single packages for data center performance.
Intel has received a major order from Google, according to the US technology portal "The Information". In addition, a large chip developer checks another order from Intel.