The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California.
Intel saw its ninth-straight day of gains on Monday, up 58% over that stretch and on track for its best run over that many days since at least the 1970s.
The stock's last winning nine-day run was in September 2023, and the last streak longer than that, a 13-day series of gains, happened in May 2005.
Several big deals and announcements from the U.S. chipmaker have fueled the run, including partnerships with Google and Elon Musk's Terafab project.
Last week, Intel announced an expansion of its partnership with Google . Google will use Intel's newest Xeon 6 central processing units to run artificial intelligence training and inference workloads, according to the announcement.
Intel also announced it will be joining Elon Musk's Terafab project last week.
Plans for Terafab, an advanced AI chip complex in Austin, Texas, were announced by Musk last month. The complex will design and manufacture custom chips for SpaceX, xAI and Tesla , according to Musk.