Intel's Surge on an Apple Chip Deal Means Investors Are Betting on Its Foundry, Says Bernstein's Stacy Rasgon
Apple’s reported chip deal and other partnerships are bolstering confidence that Intel can win outside customers, even as its foundry unit posted a $2.4 billion loss.
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Intel's Surge on an Apple Chip Deal Means Investors Are Betting on Its Foundry, Says Bernstein's Stacy Rasgon
The post Intel’s Surge on an Apple Chip Deal Means Investors Are Betting on Its Foundry, Says Bernstein’s Stacy Rasgon appeared first on 24/7 Wall St.. Stacy Rasgon of Bernstein says Intel (INTC) at current prices is purely a bet on foundry success following unconfirmed reports of an Apple (AAPL) chip manufacturing deal. Intel Foundry revenue reached $5.421B in Q1 2026, up 16% YoY, as CEO Lip-Bu Tan pursues external customers for new Arizona f…
Intel Is Stealing the Foundry Spotlight. Is TSMC Still the Most Important Company in Chips?
Key PointsThe turnaround in Intel's foundry business appears to be working, including a reported chipmaking agreement with Apple.Taiwan Semiconductor still produces more than 90% of the world's most advanced chips.Demand for leading-edge manufacturing capacity is running well ahead of supply.10 stocks we like better than Intel › Intel (NASDAQ: INTC) is having a moment. The stock spiked to an all-time high on Thursday after President Donald Trump…
Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left
Intel soared 10.64% to $133.99 after Trump claimed Apple will work with Intel on U.S. chip design and manufacturing, adding $64.8 billion in equity value—nearly 4.8 times Q1 revenue—in one day; premarket quotes hit $139.64, above Mizuho’s new $135 target, but neither Apple nor Intel confirmed details, leaving the stock priced for validation before customer specifics are public. The post Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Litt…
Trump claims Apple has agreed to manufacture chips with Intel in the US
Neither company has confirmed the deal, but reports point to a preliminary agreement.Photo: Al Drago/Bloomberg via Getty ImagesBoth companies stay silentUS President Donald Trump said that Apple has agreed to work with Intel for the US production of chips.According to a report by The Elec, Trump made this announcement on his Truth Social platform.Apple has agreed to work with Intel to design and manufacture chips in the United States," the offic…
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