Intel surged to a record high after Bloomberg revealed Apple was eyeing Intel and Samsung as potential chip‑manufacturing partners. The story rattled markets, lifting the shares to $110.48 before closing at $108.18 and pushing the company’s market cap to $543.71 billion. The rally underscored investors’ appetite for a revived Intel‑Apple relationship since last quarter in 2025.
Intel’s dramatic rebound traces back to a 2025 U.S. government deal that secured a roughly 10% stake, injecting confidence. Under CEO Pat Tan, the firm flipped from a $18.96 trough to a 174% rise this year, driven by AI‑related CPU demand and a renewed focus on its 14A process over older 18A nodes.
If Apple follows through, it would signal a strategic shift away from TSMC and could reshape the competitive ordering of silicon foundries. For consumers, a return to Intel silicon might mean faster, more power‑efficient Macs and iPads, while the broader supply chain would feel the ripple of this historic partnership in the coming years ahead.
Source: 9to5Mac · Summarized by HeadlinesBriefing