Intel shares surged to a record high after a report that Apple is exploring it – and Samsung Electronics – as potential chip manufacturing partners, aiming to diversify beyond TSMC.
The news helped push Intel’s stock to over $110, capping a major comeback driven by leadership changes, renewed CPU demand and U.S. government investment. While talks with Apple are still early and uncertain, a potential partnership would mark a significant shift after Apple previously moved away from Intel.
Analysts suggest Intel could produce some Apple-designed chips later this decade if plans materialize, further boosting confidence in its long-term turnaround.
Source: 9to5Mac
