Intel Stock Soars 7% On Report It Could Soon Build Chips For Apple's Macs

Core Insights - Intel Corp is gaining momentum in its efforts to manufacture Apple Inc's next-generation M chips, as indicated by TF International Securities' analyst Ming-Chi Kuo [1][2]. Group 1: Intel's Position and Developments - Intel is moving closer to becoming an advanced-node foundry supplier for Apple, with stronger momentum than previously believed [2]. - Apple has signed a non-disclosure agreement (NDA) with Intel and received the 18AP advanced-node process design kit (PDK) 0.9.1GA, allowing for key simulation and performance validation [2]. - Apple expects Intel to deliver updated PDK 1.0/1.1 in Q1 2026, which is critical for finalizing development [3]. Group 2: Shipment Projections and Market Impact - Projected annual shipments of Intel's lowest-end M-series processor are estimated at 15–20 million units in 2026 and 2027 [4]. - The order size is considered modest and will not significantly disrupt Taiwan Semiconductor Manufacturing Company Ltd's market position [4]. - The partnership with Intel is seen as a strategic move for Apple to enhance supply-chain resiliency while still relying on Taiwan Semiconductor [5]. Group 3: Strategic Significance - Securing Apple's business is viewed as a milestone that could redefine confidence in Intel Foundry Services [5]. - Despite being technologically behind Taiwan Semiconductor, this partnership suggests Intel's worst period may be ending and opens doors for future orders from Apple and other top-tier customers [6]. - Intel's stock price increased by 10.19% to $40.56 following this news [6].