BUZZ-Intel rises after announcing it will join Musk's AI chipmaking project

Tesla Motors, Inc.
Intel Corporation

Tesla Motors, Inc.

TSLA

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Intel Corporation

INTC

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** Shares of chipmaker Intel INTC.O rise 2.7% to $52.14

** INTC says in an X post that it will join Elon Musk's Terafab project along with SpaceX, Tesla TSLA.O and xAI

** Last month, Musk said that his rocket company SpaceX and EV firm Tesla would build "Terafab" or two advanced artificial intelligence chip factories in Austin, Texas

** As of last close, stock up ~38% this year


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