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What's Behind The Recent Rally In Intel Stock?

BenzingaDecember 03, 2025 at 3:08 PMFull Content
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Detected Companies & Sentiment

Intel Corporation
"bullish momentum"
8
Apple Inc.
"not mentioned"
0

Gist

Intel's stock rally is fueled by speculation of a potential partnership with Apple to produce M-series chips, validating its foundry turnaround and strategic U.S. semiconductor push.

LLM Summary

Intel shares have surged over 90% in the past year and are near 52-week highs, driven by rumors that Apple may outsource entry-level M-series chip production to Intel’s 18A process by 2027. This potential deal would mark a major reversal of Intel’s 2020 split with Apple and validate its $8.9 billion CHIPS Act-backed foundry transformation. The White House’s prior equity stake and policy support further underscore the strategic importance.

Full Article Content

Intel Corp (NASDAQ: INTC) shares are trading approximately flat Wednesday morning, pausing for a breath after a sharp rally that has seen the stock add to gains of more than 90% in the past year. The stock is currently hovering near $43, holding close to fresh 52-week highs following a 20% breakout over the last five days. Here’s what investors need to know.

- INTC is showing positive momentum. See the market dynamics here.

What To Know: The momentum is driven by reports that the semiconductor giant may reclaim its most famous lost client: Apple Inc (NASDAQ: AAPL). Analyst Ming-Chi Kuo recently revealed that Apple has signed a non-disclosure agreement to evaluate Intel's advanced “18A” manufacturing process. Rumors suggest Apple could outsource production of entry-level M-series chips to Intel foundries by 2027.

While the projected volume of 15–20 million units is modest relative to Apple’s total output, the strategic implications are monumental. A partnership would validate the costly foundry pivot initiated by former CEO Pat Gelsinger and serve as a victory for the “ Made in America” semiconductor push supported by the CHIPS Act.

For investors, the deal represents a potential turning point. If finalized, it would mark a stunning reversal of the 2020 split, potentially supercharging Intel’s reputation as a domestic alternative to TSMC and reducing Apple’s reliance on overseas supply chains.

This potential partnership validates the aggressive intervention seen this summer, when the Trump administration took an approximate 10% equity stake in Intel. In August, the White House moved to convert unpaid CHIPS Act grants into an $8.9 billion direct investment, effectively purchasing shares at $20.47.

INTC Price Action: Intel shares were down 0.15% at $43.41 at the time of publication on Wednesday. The stock is trading near its 52-week high of $43.68.

Metadata

Author:
Henry Khederian
Image URL:
https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2025/12/03/Santa-Clara--Ca--Usa---Nov-22--2023-Inte.jpeg
Tickers:
AAPL, INTC
Updated At:
December 03, 2025 at 11:08 AM
Benzinga Channels:
News
Benzinga Tags:
why it's moving
Teaser:
Intel Corp (NASDAQ: INTC) stock has surged over 20% in the past five trading sessions. Here's what you need to know.
Benzinga Stocks:
AAPL (NASDAQ), INTC (NASDAQ)
Benzinga Article ID:
49185584