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Posted on • Originally published at mlxio.com

Intel Shares Soar on Apple Chip Talks, Shaking Up TSMC's Reign

Intel shares hit an all-time high after reports Apple may shift chip production from TSMC, threatening the semiconductor giant's dominance.

Key takeaways

  • Intel Shares Soar to Record High Following Bloomberg Report on Apple Chip Talks
  • Intel stock punched through its previous ceiling Wednesday, hitting a fresh all-time high after Bloomberg revealed Apple is in early talks with Intel and Samsung to ma...
  • At the heart of the surge: investor excitement over the prospect of Apple shifting production of its A-series and M-series processors away from its longtime supplier, ...
  • The potential partnership signals a tectonic shift in the chip supply chain, with Apple—one of the industry’s most demanding and influential clients—looking to diversi...

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Canonical source: https://mlxio.com/business/intel-shares-soar-apple-chip-talks

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