Major U.S. equities indexes gained ground on Tuesday, with tech stocks trending higher after a day of declines on Monday. The Dow Jones Industrial Average and benchmark S&P 500 gained 0.3% and 0.2%, respectively, and the tech-centric Nasdaq rose 0.4%.
Analyst Ming-Chi Kuo predicted that Apple would use Intel Foundry for its low-end M-series chips. Diversification makes sense for Apple, and a deal would be a major win for Intel's struggling foundry business.
Malaysia's position in the global semiconductor supply chain is gaining fresh momentum as Intel prepares another major expansion. The company has confirmed a new 860 million ringgit investment, strengthening the country's role in assembly and testing at a time when governments worldwide are competing to secure chip production capacity.
Malaysian Prime Minister Anwar Ibrahim said U.S. chipmaker Intel has announced an additional investment of 860 million ringgit ($208 million) in the country for assembly and testing operations.
Intel (INTC) shares surged 10% on optimism over a potential advanced-node foundry deal with Apple, targeting high-volume MacBook and iPad lines. A finalized agreement hinges on Intel delivering updated 18AP Process Design Kits (PDKs) by early 2026, a key catalyst for INTC's stock. INTC's advanced RibbonFET and PowerVia technologies could meet Apple's strict power and efficiency demands, but fai...
Intel's stock held onto a 10% rise in pretrading on Monday. It rose on Friday after an analyst predicted the chipmaker would secure a deal to supply Apple.
Intel is up a lot this year but still well below all-time highs as its turnaround takes hold. SharkNinja is about to be hit by tariffs, but it should be just a one-time reset for this growth company.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.