Intel stock soars on reported Apple deal as turnaround continues to pay off

Live updates

1. 8h ago

   Intel stock surges after Trump announces Apple chip partnership

   Intel shares rose up to 10% following an announcement from President Trump that Apple will partner with the company for U.S. chip design and production. The stock reached approximately $133 in early trading and closed at $133.99. Analysts suggest the rally indicates investor confidence in Intel's foundry business.

   What's confirmed:

   • President Trump announced on Truth Social that Apple will partner with Intel for chip design and production inside the United States.
   • Intel stock rose 10% in early trading to around $133.
   • Intel closed at $133.99, an increase of 10.64%.

   Still unconfirmed:

   • The U.S. government's 10% stake in Intel is worth $60 billion.
   • Intel has entered production of its 18A-P chip node.
   • Intel stock is now above $140.
   confidence 90%
2. 3d ago

   Intel Stock Surges Following Trump Announcement of Apple Chip Deal

   Intel shares rose sharply after President Trump stated that Apple will partner with the company for U.S. chip design and production. The stock increase follows reports that Intel has entered production of its most advanced 18A-P chip node. This development coincides with claims that the U.S. government's 10% stake in Intel is now worth $60 billion.

   What's confirmed:

   • President Trump stated on Truth Social that Apple will work with Intel to build its processors.
   • Intel shares rose between 9% and 11% following the announcement.
   • Intel has begun production of its 18A-P advanced chip node.
   • President Trump noted that the U.S. government's 10% stake in Intel is worth $60 billion.

   Still unconfirmed:

   • Intel is improving its manufacturing capabilities to win more outside customers.
   • The Apple partnership is a target for the 18A-P chip node.
   confidence 90%