Apple, Intel reach preliminary chip-making deal ~
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Apple, Intel reach preliminary chip-making deal ~
~ "Intel's stock... (rose) 15% on the news, while Apple shares were up about 1.7% in (Friday) afternoon trading.
"Landing an #Apple contract would give #Intel a steady stream of demand from one of the world's largest consumer electronics companies, bolstering both its reputation and a manufacturing business that has... (become dependent upon) TSMC in recent years."
#USA #tech #business
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https://www.reuters.com/business/apple-intel-have-reached-preliminary-chip-making-deal-wsj-reports-2026-05-08/
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https://www.macobserver.com/news/apple-and-intel-reach-deal-that-could-change-future-iphone-chip-production/
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Apple, Intel reach preliminary chip-making deal ~
~ "Intel's stock... (rose) 15% on the news, while Apple shares were up about 1.7% in (Friday) afternoon trading.
"Landing an #Apple contract would give #Intel a steady stream of demand from one of the world's largest consumer electronics companies, bolstering both its reputation and a manufacturing business that has... (become dependent upon) TSMC in recent years."
#USA #tech #business
---
https://www.reuters.com/business/apple-intel-have-reached-preliminary-chip-making-deal-wsj-reports-2026-05-08/
---
https://www.macobserver.com/news/apple-and-intel-reach-deal-that-could-change-future-iphone-chip-production/
@dalfen This deal could also reduce Apple’s reliance on Taiwan-based TSMC, a key geopolitical and supply-chain concern given rising tensions in the region.
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R relay@relay.publicsquare.global shared this topic