Intel Stock Surges on Trump's Claim of Apple Chip Deal
L'essentiel
- Intel's stock jumped nearly 9% in premarket trading Thursday after former President Donald Trump claimed Apple agreed to design and build its chips in the U.S. with Intel.
- Intel's stock has seen significant recent gains.
Résumé généré par IA
Pourquoi c'est important
Intel's stock has struggled in recent years, losing its market dominance. Trump has previously criticized reliance on foreign semiconductor manufacturing.
Intel's stock rose around 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.
"Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories," Trump said in a post on Truth Social. "Apple has agreed to work with Intel to design and build its Chips in America."
Intel's stock has seen significant gains recently after struggling for years, having relinquished its dominant market position. The stock has surged 464% in the past 12 months, with the company hitting a market cap of $608.7 billion.
Intel shares were last 8.7% higher, while Apple was up 0.6% in premarket trading.
CNBC has approached Intel and Apple for comment.
À surveiller
Perspective IA — des possibilités, pas des certitudes
Intel stock price will remain elevated if the Apple deal is confirmed.
Probable · En quelques semaines
Questions ouvertes
- Has Apple officially confirmed the deal?
- What are the specific terms of the agreement?
- Will this deal be finalized?
