Intel Shares Hit Record High After Reported Apple Chip Manufacturing Deal
Intel shares surged to a record high after reports that Apple may shift part of its chip manufacturing to Intel, increasing pressure on TSMC.
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Intel shares surged to a record high after reports that Apple may shift part of its chip manufacturing to Intel, increasing pressure on TSMC.
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Intel stock jumped 12% to a record high, driven by AI chip optimism and reports of a potential Apple partnership. The rally has also boosted the value of major institutional holdings.
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AMD shares jump 12% after Intel results signal strong AI-driven CPU demand.
Intel beats earnings expectations with strong EPS and revenue, sending shares up 8%.
Intel shares slide 14% after supply constraints and cautious guidance raise concerns about near-term growth.
Intel sells 214.8 million shares to Nvidia for $5 billion, giving Nvidia an estimated 4% stake.