Intel Shares Soar on Buzz Over Potential Apple Chip Deal

Shares of Intel jumped more than 10% on Friday — their highest level in about a month — after a report from TF International Securities’ analyst Ming-Chi Kuo said the chances of Intel becoming a chip supplier to Apple have “recently improved significantly.” According to Kuo, Apple may tap Intel to produce its lowest‑end M-series processors — typically used in devices like the MacBook Air and entry-level iPad Pro — as early as 2027. Though Intel still trails current powerhouse chip manufacturer TSMC in manufacturing capabilities, securing a deal with Apple and other “tier-one customers” could mark a major vote of confidence for Intel’s foundry ambitions. Intel closed at $40.56 — up 10.3% for the day — nearly doubling from its roughly $20.22 start of the year. The surge reflects growing optimism that a renewed collaboration between Intel and Apple could reshape the semiconductor supply landscape. #Intel #Apple #Semiconductors #TechStocks #SlimScan #GrowthStocks #CANSLIM