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Jun 9, 2026 8:10 AM

Jim Cramer Is 'VERY Skeptical' Of Intel's 2028 Foundry Deal With Google And Nvidia: Here's Why

CNBC’s Jim Cramer has expressed major doubts about Intel Corp.'s (NASDAQ:INTC) newly reported 2028 manufacturing partnerships with tech giants Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Nvidia Corp. (NASDAQ:NVDA).

Market Surge Meets Skepticism

Despite a massive single-day stock surge of over 11% on Monday, fueled by reports that Google and Nvidia view Intel as a backup chipmaker, Cramer stated he remains "VERY skeptical" about the distant timeline.

Alphabet's Google has reportedly ordered over three million AI chips from Intel for 2028, while Nvidia is evaluating Intel's advanced packaging and 18A process node.

The news triggered an immediate rebound for Intel, which has surged by over 449.70% in the last 12 months. However, Cramer quickly tempered the market’s enthusiasm on social media, emphasizing that the actual execution is years away. “It is a 2028 deal,” Cramer posted on X. “I am VERY skeptical about this…”

Intel is an alternative to Taiwan semi not Broadcom. I still think Hock has to buy stock. It is ...

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