Intel stock jumps as tech analyst says Apple may tap its foundry for future M-series chips

Core Viewpoint - Intel Corp. shares experienced an increase of over 8% following a report from technology analyst Ming-Chi Kuo, indicating that the company may become a foundry supplier for future generations of chips [1] Company Summary - Intel Corp. is positioned to potentially expand its role in the semiconductor industry by becoming a foundry supplier, which could enhance its market presence and revenue streams [1] Industry Summary - The semiconductor industry is witnessing shifts as companies like Intel explore new opportunities in foundry services, which may lead to increased competition and innovation in chip manufacturing [1]