Why Intel Stock Soared 8.7% Today

The ailing chipmaker may have a new contract.Shares of Intel (INTC +8.55%) gained on Tuesday, finishing the day up 8.7%. The rise came as the S&P 500 and the Nasdaq Composite jumped 0.2% and 0.5%, respectively. Intel's stock continued to climb today, driven by Friday's unconfirmed report that the chipmaker is set to begin manufacturing semiconductors for Apple's MacBook Air and iPad Pro.NASDAQ : INTCIntelToday's Change( 8.55 %) $ 3.42Current Price$ 43.43Key Data PointsMarket Cap$191BDay's Range$ 40.06 - $ 4 ...