Intel’s stock could achieve a never-before-seen feat as Apple enthusiasm builds
MarketWatch
Last updated: May 9, 2026
Intel's stock experienced a significant surge of nearly 240% this year, driven partly by news that it had reportedly secured Apple as a customer for its latest chip technology. This development positioned Intel for potential new highs in its stock value.
- The Wall Street Journal reported that Apple plans to use Intel chips in its upcoming devices. This potential deal represents a major win for Intel, as Apple is a highly sought-after client in the technology sector. The agreement, if finalized, would signify a notable shift in Apple's sourcing strategy, potentially moving away from its reliance on other suppliers for critical components.
- The increased demand and the prospect of supplying to a major player like Apple have boosted investor confidence in Intel. This surge in share price reflects market optimism about Intel's future growth and its ability to innovate and compete effectively in the semiconductor industry. The financial implications for Intel are substantial, potentially leading to increased revenue and market share.
