Core Insights - Intel's stock surged over 10% on Friday, becoming the best-performing stock in the S&P 500, driven by rumors of a potential deal with Apple for processor supply [1][6] - Analyst Ming-Chi Kuo indicated that the likelihood of Apple becoming a new customer for Intel has significantly improved, with potential shipments starting as early as 2027 [1][2] Group 1: Stock Performance - Intel shares have roughly doubled in value this year, attributed to recent high-profile deals, including a partnership with Nvidia [3][6] - Despite the increase, Intel's stock remains below historical highs, as the company continues to address investor concerns regarding a sustainable turnaround [3] Group 2: Market Implications - A deal with Apple could enhance confidence in Intel's ability to secure long-term commitments for its manufacturing business, which has faced ongoing challenges [2][7] - The partnership with Nvidia did not include commitments to Intel's foundry, raising questions about the future expansion of this relationship and Intel's ability to attract new customers [4]