Intel Stock Pops As Analyst Sounds Alarm On Potential Apple Partnership

Core Viewpoint - Intel shares surged over 10% following an analyst report indicating improved chances of a chip partnership with Apple, reaching their highest point in a month [1] Group 1: Stock Performance - Intel's stock closed up 10.3% at $40.56, nearing its highest closing price in over a year [1] - Since January, Intel shares have climbed 102.3%, rising from approximately $20.22 [3] Group 2: Analyst Insights - TF International Securities analyst Ming-Chi Kuo reported that visibility on Intel becoming an advanced-node supplier to Apple has significantly improved [2] - Apple plans to utilize Intel for shipping its lowest-end M processor, which is used in MacBook Airs and iPad Pros [2] Group 3: Competitive Landscape - Kuo noted that Intel will still lag behind Taiwan Semiconductor Manufacturing Company in the coming years, but a deal with Apple and other tier-one customers could enhance Intel's long-term outlook [3]