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Intel’s Apple Deal Speculation Sparks Stock Rally, Chip Sector Implications
Intel’s Apple Deal Speculation Sparks Stock Rally, Chip Sector Implications
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BTCCSquare news:
Intel shares held a 10% gain in premarket trading after TF International's Ming-Chi Kuo predicted a 2027 processor deal with Apple. The potential partnership WOULD mark Intel's entry as an advanced-node supplier, challenging TSMC's dominance in Apple's supply chain.
Market observers note the timing aligns with Washington's push for domestic semiconductor production. While the stock dipped 0.59% early Monday, the rally reflects growing confidence in Intel's manufacturing roadmap.
The crypto sector watches closely as chip developments often precede mining hardware innovations. Advanced node processes could eventually benefit blockchain infrastructure projects requiring high-efficiency computing.
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