#aapl

Intel's Monumental Leap: Shares Soar on Preliminary Apple Chip Manufacturing Agreement

In a seismic shift reverberating across the tech world, Intel's shares surged dramatically on May 8, 2026, following reports of a preliminary agreement to manufacture chips for Apple devices. This landmark deal signals a profound victory for Intel's ambitious foundry strategy and a strategic diversification for Apple, reshaping the competitive landscape of the global semiconductor industry.