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Intel’s AI chip boom sparks rally; Apple deal rumors add extra buzz
Intel forecast stronger-than-expected third-quarter revenue and profit on Thursday, fueled by surging demand for its data-center CPUs amid the agentic AI boom. Shares jumped more than 5% after hours as the company also raised its 2026 capital-spending plans, while lingering hopes of a high-profile manufacturing partnership with Apple continue to intrigue investors. Reuters: Intel expects…
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Apple’s Intel chip partnership is a strategic win for American manufacturing, but years from reality
Apple is turning to Intel for custom chips in a move that bolsters U.S. efforts to rebuild domestic semiconductor production, but analysts warn that advanced chips are still 2–3 years away from volume output — if they materialize at all. The deal, announced by President Trump last week, pairs Apple’s need for more manufacturing capacity amid TSMC constraints with Intel’s push to revive its…
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