Intel’s inventory hit a listing excessive these days within the aftermath of a Bloomberg document that claimed Apple is exploring Intel and Samsung Electronics as possible production companions for long run instrument chips. Listed below are the main points.
Intel hits record-high valuation
Remaining night time, Bloomberg reported that Apple were exploring early-stage talks with Intel and comparing amenities from Samsung Electronics in a push to diversify manufacturing of its core instrument chips past TSMC.
The document famous that whilst Apple had reliability issues, and it “would possibly not in the end transfer ahead with any other spouse,” that was once sufficient to ship Intel’s inventory on a tear.
Intel’s inventory climbed as excessive as $110.48 right through buying and selling these days, marking a listing excessive, earlier than remaining at $108.18 with a listing marketplace cap of $543.71 billion.
Nowadays’s positive aspects prolonged what has been a outstanding comeback for Intel. After falling as little as $18.96 over the last yr, the inventory is now up 174% in 2026, and 433% from a yr in the past, with after-hours buying and selling including any other 4.76%.
A lot of those positive aspects got here after the U.S. govt introduced a deal to obtain a more or less 10% stake within the corporate on August 22, 2025.
Along with his handle Trump, Tan has overseen a big reversal in Intel’s trade momentum since he changed meantime co-CEOs David Zinsner and Michelle Johnston Holthaus, who were main the corporate following the departure of former CEO Pat Gelsinger in December 2024.
For the time being, the corporate returned to income expansion, crowned Wall Boulevard expectancies, and has been making the most of renewed call for for its core CPU trade, in particular as AI infrastructure spending started increasing past GPUs.
In the case of its dating with Apple, rekindling a partnership could be any other feather in Tan’s cap, since Apple famously ditched Intel following roadmap delays and ignored points in time that affected the Mac’s trade.
Remaining July, Reuters reported that Tan was once already exploring a shift in Intel’s foundry technique aimed toward making the corporate extra aggressive for main outdoor consumers like Apple and Nvidia, together with by means of focusing extra sources on its next-generation 14A procedure somewhat than seeking to win new purchasers with 18A.
A couple of months after that, analysts Ming-Chi Kuo and Jeff Pu each instructed that Intel may get started generating some Apple-designed chips later this decade, with Kuo pointing to base M-series chips for Macs and iPads once 2027, and Pu announcing Intel-made non-Professional iPhone chips may practice in 2028.
That, in flip, got here after Bloomberg reported that Intel had approached Apple about investing within the corporate, whilst the 2 firms additionally mentioned tactics to paintings extra carefully in combination as Intel attempted to stay its comeback tale going. From the document:
Intel Corp. has approached Apple Inc. about securing an funding within the ill chipmaker, in line with other people aware of the topic, a part of efforts to reinforce a trade that’s now partly owned by means of the United States govt.
Apple and Intel even have mentioned the way to paintings extra carefully in combination, stated the folk, who requested not to be known for the reason that deliberations are personal. The talks had been early-stage and would possibly not result in an settlement, the folk stated.
All of that stated, whilst this week’s document didn’t move into technical element about Apple’s exploratory discussions with Intel, the marketplace seems to have discovered the likelihood compelling sufficient to issue it into Intel’s valuation, particularly given the whole thing else Tan has controlled to perform right through his first yr at the task.
What’s your tackle the opportunity of Apple and Intel running in combination as soon as once more? Tell us within the feedback.
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