Market Overview - All three major indexes were modestly higher during late-morning trading on Black Friday, with the Dow leading the gains [2] - The stock market had a shortened trading day, closing at 1 p.m. [2] Key Stock Movements - Intel (INTC) was the biggest mover on the S&P 500, rising approximately 8% [2] - Eli Lilly (LLY) was the largest decliner, slipping nearly 3% [2] - Brown-Forman (BF.A, BF.B) increased by 1.5%, while Lululemon (LULU) rose over 2% [3] - Best Buy (BBY) reported a decline of more than 1% following its latest quarterly financial results [3] Technology Sector Performance - Nvidia (NVDA) shares were down 1.8%, and Oracle (ORCL) fell by 2.2%, marking them as significant decliners in the S&P 500 [4] - The Roundhill Magnificent Seven ETF (MAGS), which includes major tech stocks, was up 0.3% [4] Cryptocurrency Market - Shares of Coinbase Global (COIN) rose nearly 4%, influenced by purchases from Cathie Wood's ARK funds [5] - Bitcoin was trading around $92,000, showing a rebound from recent lows [5] - Strategy (MSTR), a Bitcoin buyer, saw an increase of 2.4% [5]

Core Viewpoint - The company is expected to start shipping Apple's low-cost M chips, with deliveries anticipated as early as 2027, which could lead to more orders from Apple and other primary customers, positively impacting Intel's long-term outlook [1] Group 1 - Analyst Ming-Chi Kuo from Tianfeng International predicts that Intel will begin shipping Apple's low-cost M chips, with the earliest delivery expected in 2027 [1] - There is potential for Intel to receive more orders from Apple for the 14A node and subsequent versions, as well as increased orders from other primary customers [1] - Following this news, Intel's stock price rose by 7.5%, marking a continuous increase over five trading days, with a total rise of 18% during this period [1]

Group 1 - U.S. stocks experienced an upward trend, with the Dow Jones increasing by approximately 300 points on Friday [1] - Micron Technology, Inc. shares rose sharply by 2.5% to $235.92, driven by positive sentiment following Dell's strong third-quarter earnings and guidance [1] - Investors perceive Dell's results as indicative of broader strength in the technology sector, contributing to Micron's stock performance [1] Group 2 - DeFi Technologies Inc. shares surged by 20.5% to $1.6750 after the approval of QCAD as Canada's first compliant CAD stablecoin [3] - YD Bio Ltd saw a 13.7% increase in shares to $11.96, following the announcement of 510(k) clearance and plans for a clinical trial in Taiwan [3] - Other notable gainers included Savara Inc. (+12.3% to $6.02), TMC the metals company Inc. (+12.2% to $6.54), and ImmunityBio, Inc. (+10.7% to $2.3586) [3] - Precious metals stocks, including First Majestic Silver Corp. (+8.3% to $14.64) and Endeavour Silver Corp. (+10% to $9.47), rose amid increasing gold and silver prices [3] - Intel Corporation shares jumped by 7.8% to $39.65, reflecting positive market trends [3] - Crypto-linked stocks, such as Applied Digital Corporation, gained 6.8% to $26.61, following Bitcoin's rise above $90,000 [3]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Group 1 - Intel's stock is experiencing a surge of 6.4% on Black Friday morning, despite the lack of clear reasons for this increase [1] - Taiwan Semiconductor Manufacturing Company (TSMC) is suing Intel to prevent the hiring of former TSMC vice president Wei-Jen Lo, citing concerns over potential trade secret leaks [3][4] - TSMC's lawsuit has led to a criminal investigation in Taiwan, with authorities raiding Lo's residences and seizing evidence related to national security [5] Group 2 - Intel disputes TSMC's allegations, claiming there is no merit to the accusations against Lo, but the lawsuit does not appear to justify the rise in Intel's stock price [6] - Despite a market cap of $187 billion and expectations for future profit growth, Intel is still burning over $8 billion in cash annually, with positive free cash flow projected to be a couple of years away [7] - Analysts suggest that Intel is not a recommended buy at this time, with other stocks identified as better investment opportunities [9]

Core Viewpoint - Intel's stock price increased by over 6.5% to $39.24, driven by growing industry interest in custom ASICs in the AI computing era, particularly following Google's success with its self-developed chips [1] Group 1: Company Developments - Google's success with its self-developed chips is drawing attention to the expanding role of custom ASICs in AI computing [1] - TSMC is currently the main manufacturing partner for Google's TPU, indicating a competitive landscape in chip manufacturing [1] - The increasing momentum of custom AI ASICs is expected to benefit Intel's foundry services and product roadmap, potentially enhancing Intel's broader recovery outlook [1] Group 2: Market Implications - The developments in custom ASICs may serve as a breakthrough catalyst for Intel's stock, reinforcing positive market sentiment [1]

Group 1 - Intel's stock price increased by 5.8% on November 28, indicating a positive market response [1] - This rise marks the company's fifth consecutive day of stock price increases, suggesting a potential upward trend in investor sentiment [1]

Intel expected to begin shipping Apple’s lowest-end M processor as early as 2027There have long been market rumors that Intel could become an advanced-node foundry supplier to Apple, but visibility around this had remained low. My latest industry surveys, however, indicate that visibility on Intel becoming an advanced-node supplier to Apple has recently improved significantly.Apple previously signed an NDA with Intel and obtained the advanced-node 18AP PDK 0.9.1GA. The key simulation and research projects ( ...

Industry Outlook - Intel is projected to begin shipping Apple's lowest-end M processors as early as 2Q-3Q27, utilizing the 18AP advanced process [1] - The actual timeline depends on the development progress after obtaining PDK 1.0/1.1, expected to be released by Intel in 1Q26 [1] - The lowest-end M chips are primarily used in MacBook Air and iPad Pro, with a combined shipment volume of approximately 20 million units in 2025 [1] - Due to potential impact from new low-cost MacBooks with iPhone processors, the projected shipment volume for the lowest-end M processors in 2026 and 2027 is estimated to be between 15 million and 20 million units [1] Strategic Implications - The order for the lowest-end M processors has no impact on TSMC's fundamentals and leading advantage in the coming years [2] - For Apple, this move supports the "Made in America" policy and diversifies its supply chain, reducing reliance on TSMC [2] - For Intel, securing Apple's advanced process order is more significant than the actual revenue and profit contribution, signaling a positive turn for its IFS business [2] - This order suggests that Intel's 14A or more advanced processes may attract more orders from Apple and other major clients, improving its long-term prospects [2]

Intel Corp. (NASDAQ:INTC) is witnessing a notable strengthening in market sentiment, with its Benzinga Edge’s Stock Rankings‘ momentum score climbing from 88.53 to 90.51 week-over-week.Check out INTC's stock price here.Intel Jumps In Top Decline Of Momentum GainsThis shift pushes the chipmaker into the top tier of relative strength, signaling that investors are prioritizing macroeconomic tailwinds over a brewing corporate espionage issue involving its foundry rival, Taiwan Semiconductor Manufacturing Co. Lt ...