# Intel is a Santa Clara, California-based chipmaker focused on CPUs, data-center processors, semiconductor manufacturing, and foundry services.

*semiconductor · news · 2026-04-28 · Barchart*

## Key points

- Elon Musk's Tesla and SpaceX will use Intel's 14A process for their Terafab program.
- Intel reported Q1 2026 non-GAAP net income growth of 156% year-over-year to $1.5 billion.
- Terafab's adoption of Intel 14A validates Intel's advanced foundry capabilities for external customers.
- CEO Lip-Bu Tan revealed AI demand is shifting to inference and agentic workloads, boosting CPU sales.

**Companies:** Intel, Tesla, SpaceX
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1571774/as-elon-musk-backs-the-intel-14a-tech-for-his-terafab-should-you-buy-intc-stock)

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