# Tiger Global Management, one of the most closely watched hedge funds on Wall Street, opened a brand-new Intel position during Q1 2026.

*genai · news · 2026-05-18 · Barchart*

## Key points

- Tiger Global Management opened a new Intel position, buying 1,638,700 shares worth $180 million in Q1 2026.
- Intel expanded its partnership with Alphabet for continued Xeon deployment and custom AI infrastructure development.
- Nvidia selected Intel Xeon 6 as the host CPU for its DGX Rubin NVL8 AI systems.
- Intel acquired a 49% stake in its Ireland chip fabrication facility from Apollo Global Management for $14 billion.
- Intel's data center business posted 22% YOY growth, driven by increased AI-related CPU demand.

**Companies:** Intel Corporation, Nvidia Corporation, Taiwan Semiconductor Manufacturing Company Limited
**Countries:** United States, Taiwan, Ireland

[Read the full story on Barchart](https://www.barchart.com/story/news/1999369/as-a-new-cpu-surge-takes-wall-street-tiger-global-just-took-a-new-stake-in-intel-stock)

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