Intel Rips 14% Higher: Apple Foundry Reports Crush Bears in Massive Short Squeeze
The rally follows a Bloomberg report that Apple is discussing U.S. processor production with Intel and Samsung, after Intel gained 114% in April.
- On Tuesday, Intel shares surged 14% following a Bloomberg report that Apple is exploring Intel's foundry services for U.S. chip production, potentially diversifying away from Taiwan Semiconductor Manufacturing.
- Intel CEO Lip-Bu Tan has positioned the 18A process node as a competitive alternative as central processing units become the indispensable foundation of the AI era.
- Strong Q1 2026 earnings—$13.58 billion in revenue—fueled the rally, while the company has surged over 330% since the U.S. government invested $8.9 billion last August.
- Apple's exploratory discussions with Intel and Samsung aim to diversify chip manufacturing away from China, India, and Vietnam, where the company has historically concentrated production.
- Analysts caution the stock's 125x forward P/E ratio leaves little margin for error, with investors watching Intel's Q2 2026 guidance of $13.8 billion to $14.8 billion for validation.
23 Articles
23 Articles
Apple Flirts With Adding Intel, Samsung into Main Chip Supply Chain
Two chipmakers are the new apples of Apple’s eye. The $4.1 trillion tech giant has had early-stage discussions about using Intel and Samsung as suppliers for the main processors in its devices, sources told Bloomberg News on Tuesday, in what would be a geopolitical and supply-chain hedge against its lead supplier in Taiwan. The Intel Inside Track Apple’s supply chain dependencies have turned problematic in the age of tariffs and friend-shoring. …
Intel hits all-time high on Apple foundry talks as US government's $8.9B stake returns 300% in nine months
In April 2025, Intel’s stock was trading at 18 dollars. The company had fired its CEO three months earlier, lost the AI chip race to Nvidia so completely that analysts had stopped including it in competitive comparisons, and was being discussed in the financial press primarily as an acquisition target or a candidate for dismemberment. […] This story continues at The Next Web
Intel stock price: Why INTC hit an all-time high today—and how Apple is involved
Shares of Intel Corp. (Nasdaq: INTC) stock rose over 13% Tuesday on news that Apple is considering using the chipmaker, along with Samsung Electronics Co., to produce processors for its devices in the U.S., Bloomberg reported. The previously ailing stock has made a turnaround in the last few months, and hit an all-time high on Tuesday, above $100 a share. Apple (AAPL) shares were up just over 1% as of this writing midday Tuesday, following that …
Intel Is Rocketing Higher on Reports That It May Partner With Apple. Should You Buy the Stock After an Incredible 175% Run This Year?
Key PointsIntel stock has been on an incredible run this year, as the company has focused on its chip manufacturing capabilities, and as central processing units (CPUs) have become a bigger part of the artificial intelligence story.A deal with Apple would certainly help reinforce the company's turnaround efforts.Can you actually buy the stock after such a big run?10 stocks we like better than Intel › It's a good time to be an Intel (NASDAQ: INTC…
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