Alphabet placed an order with Intel to manufacture more than three million tensor processing units (TPUs) in 2028, per Monday June 8 reports - Intel shares surged ~10% to $109.03 on the news. A demand-breadth and supplier-diversification datapoint for the AI capex cycle: hyperscaler custom-silicon demand now reaches beyond the NVDA/AVGO/MRVL supply chain into Intel's foundry.