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Intel stock holds 10% rise after analyst predicts major Apple deal
CNBC· 2025-12-01 11:37
Intel stock held a sharp hike in pretrading on Monday, after the stock surged on Friday when an analyst predicted the chip giant was nearing a deal to supply Apple in 2027. Shares in Intel rose 10% on Friday after TF International Securities analyst Ming-Chi Kuo posted on X that he expected Intel to begin shipping its lowest-end M processor to Apple as early as second or third quarter 2027. He said that his latest industry surveys indicate that "visibility on Intel becoming an advanced-node supplier to Appl ...