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Intel Stock Soars 7% On Report It Could Soon Build Chips For Apple's Macs
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Wall Street Eyes Fifth Day Of Gains, Silver Hits Record Highs At $55: What's Moving Markets Friday?
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Reported Earlier: Analyst Ming Chi Kuo Posted On X "Intel expected to begin shipping Apple's lowest-end M processor as early as 2027. There have long been market rumors that Intel could become an advanced-node foundry supplier to Apple, but visibility around this had remained low. My latest industry surveys, however, indicate that visibility on Intel becoming an advanced-node supplier to Apple has recently improved significantly. ...."
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Intel shares are trading higher after a report said the company may begin supplying Apple's lowest-end M processor by 2027.
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Micron, Endeavour Silver, First Majestic Silver, Applied Digital And Other Big Stocks Moving Higher On Friday
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Chipmaker Intel's Momentum Jumps As Investors Look Past TSMC Legal Drama Amid Rate Cut Bets
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TSMC Ex-VP's Home Raided As Chip Giant Alleges Intel Recruit Leaked Trade Secrets
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Intel Stands By Hiring Former TSMC Executive Accused Of Leaking Trade Secrets
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Jensen Huang Once Said TSMC Learned To 'Dance With 400 Partners' While Intel Has 'Always' Danced Alone: Did The Nvidia CEO Hit The Nail On Its Head?
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Shares of companies within the broader tech sector are trading higher amid the overall market strength. The sector may be experiencing momentum in reaction to Dell's Q3 earnings and strong guidance.
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