Intel Shares surged 10% during trading, pushing the market cap past $600 billion, as the company reached a chip deal with Apple
Svmuu reported that according to Gate data, Intel's stock price experienced a sharp short-term surge, soaring 10% during trading, pushing its market value past $600 billion. Sources say Apple has reached an agreement with Intel for the latter to produce chips for Apple devices. A preliminary chip manufacturing deal has been reached, with discussions between the two parties lasting over a year.
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