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Intel Shares Soar on Reported Apple Chip-Making Deal

Intel's stock has surged to record highs following reports that the company has reached a preliminary chip-making deal with Apple. This potential partnership is seen as a significant pivot for Intel and has fueled a broader rally in the chip sector.

8 May, 12:47 — 8 May, 21:03
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cnbcYahoo
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marketwatchexpress-tribune
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Sources

Showing 7 of 7 sources
cnbcMostly Factual92d ago

Intel shares soar on Apple chip deal report. Here's why it signals a total pivot for chipmaking

Samsung, Intel and TSMC are the only three companies in the world capable of manufacturing the most advanced chips needed for AI.

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marketwatchMostly Factual92d ago

Intel’s stock could achieve a never-before-seen feat as Apple enthusiasm builds

Intel is in the midst of transforming its business, with shares up 17% on Friday following a fresh sign of a future Apple manufacturing partnership.

By Christine Ji

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YahooMostly Factual92d ago

Intel stock hits fourth straight record high as Apple report fuels chip rally

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hindustan-timesMostly Factual92d ago

Why Intel stock surged suddenly today. Explaining new Apple chip-making deal

Shares of Intel soared sharply Friday after a report claimed the chipmaker had reached a preliminary agreement with Apple

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channel-news-asiaMostly Factual92d ago

Apple, Intel have reached preliminary chip-making deal, WSJ reports

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express-tribuneMostly Factual93d ago

Apple, Intel have reached preliminary chip-making deal: report

The two companies held talks for over a year and finalised a formal deal in recent months

By Reuters

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zerohedgeLow92d ago

Intel Jumps To Record High On Deal To Make Chips For Apple, Following White House Pressure

Intel Jumps To Record High On Deal To Make Chips For Apple, Following White House Pressure Already looking like something right out of the dot com bubble, Intel stock soared even more moments ago, surging almost 20% and hitting a new all time high over $130 (it was trading at $80 a few days ago), after the WSJ reported that the White House-backed chipmaker has reached a preliminary agreement to manufacture some of the chips that power Apple devices. Which is ironic as just 6 sho...

By Tyler Durden

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