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Intel’s Stock Soars on Rumored Nvidia and Apple Chip Deals

Intel’s Stock Soars on Rumored Nvidia and Apple Chip Deals

Author:

Global Cryptocurrency

Published:

2026-01-28 21:36:02

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Intel shares surged 11% Wednesday amid reports that Nvidia and Apple may shift some 2028 chip production to the company. The potential deals, reported by DigiTimes, would mark a significant win for Intel's struggling manufacturing division while maintaining both tech giants' existing relationships with TSMC.

The rally coincided with broad semiconductor sector gains following strong equipment orders at ASML. Intel's stock performance outpaced peers as investors bet on CEO Pat Gelsinger's turnaround strategy. Neither Nvidia nor Apple confirmed the rumors before publication.

Such contracts could validate Intel's foundry ambitions and provide crucial revenue diversification. The market reaction underscores how strategic partnerships now drive valuations as much as technical specs in the chip sector.

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