In 2025, Intel Corp CEO Lip-Bu Tan said the company could exit its chip manufacturing business if it failed to secure external customers. Today, the company’s shares surged as Elon Musk’s Tesla Inc. signaled plans for a deal. Musk Partnership Sparks Intel Rally The rally followed Intel’s strong first-quarter earnings and comments from CEO Tan, who highlighted a deepening collaboration with Musk’s companies, including Tesla, SpaceX and xAI. “I can think of no better partner than Elon Musk,” Tan s
