Intel Shares Rise 10% After Apple Talks

Intel stock jumped 10.3% to $105.80 in early trading on May 5, 2026 after reports of exploratory chipmaking talks with Apple.
Bloomberg said Apple held preliminary discussions with Intel to use its processors for Apple devices, with talks still in early stages.
Apple executives also visited Samsung’s Texas plant under development, highlighting broader industry interest in U.S. chip manufacturing.
Intel’s shares up ~160% YTD, beating the S&P 500 semiconductors’ 22% rise; analysts rate hold with $80 median target.