# Intel Corp. shares leaped to their highest intraday level since the dot-com era on Friday.

*semiconductor · news · 2026-04-17 · The Mercury News*

## Key points

- Intel agreed to repurchase half of its Ireland plant from Apollo for $14.2 billion in April.
- Intel joined Elon Musk’s Terafab project to develop semiconductors for Tesla, SpaceX, and xAI.
- Google has committed to using future generations of Intel’s Xeon processors in its data centers.
- Analysts expect Intel to announce an external foundry customer, potentially Apple or Nvidia, this year.
- Intel’s stock is now within 8% of its all-time closing high from August 2000.

**Companies:** Intel Corp., Alphabet Inc., Apple Inc., Advanced Micro Devices Inc., Nvidia Corp.
**Countries:** Ireland, United States

[Read the full story on The Mercury News](https://www.mercurynews.com/2026/04/17/intel-shares-soar/)

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