From the collaboration between Intel and Google, to understand the reshaping of the AI supply chain

On June 8, Intel surged by more than 11%, hitting a record high. The key catalyst was Google shifting outsourcing orders for more than 3 million TPU chips from TSMC to Intel. This order is not only a lifeline for Intel, but also reveals the deep restructuring underway in the AI supply chain.

In the past few years, TSMC has almost monopolized global outsourcing production capacity for the most advanced AI chips. But as AI computing power demand has grown explosively, no single supplier can fully meet market needs. Google and Nvidia are treating Intel as an “alternative source,” with the aim of securing more reliable production capacity when supply chain risks intensify.

Meanwhile, after Intel CEO Chen Liwu took office, the company has already received billions of dollars in investment from organizations including the U.S. government, Nvidia, and SoftBank, and its sales guidance is far beyond Wall Street expectations. If Intel succeeds in passing customer validation, the global AI chip supply chain will officially form a dual-track pattern of “TSMC + Intel.”

This diversification of the supply chain not only reduces the risk of relying on a single supplier, but also means the investment cycle for AI infrastructure is expected to be extended, giving the entire hardware industry chain more room for growth.

#美股AI概念股普涨