Trending Now - Intel Shares Surge to Record High Amid Apple Chip Talks

WHO:

Bloomberg - Apple has opened early-stage discussions with Intel and Samsung about sourcing main processors for its U.S. device lineup.

AP - Tim Cook stated on a conference call that high demand for Apple products is causing supply constraints for advanced technology.

Fast Company - Apple has opened early-stage discussions with Intel and Samsung about sourcing main processors for its U.S. device lineup.

Yahoo Finance - Intel CEO Lip-Bu Tan is focused on signing up companies to manufacture chips on its behalf.

Fast Company - Outgoing Apple CEO Tim Cook stated that the company experienced "extraordinary demand" for the iPhone 17 lineup.

Yahoo Finance - Intel CEO Lip-Bu Tan is focused on signing companies to manufacture chips on Intel's behalf.

Fast Company - Apple, Intel Corporation (Nasdaq: INTC), Samsung Electronics Co, Tim Cook (Apple CEO), Trip Chowdhry (Equities Research analyst).

Yahoo Finance - Apple, Intel, Samsung, Taiwan Semiconductor Manufacturing Co (TSMC), Lip-Bu Tan (Intel CEO).

WHAT:

Fast Company - Intel's stock price rose over 13% on a Tuesday, hitting an all-time high above $100 a share.

Yahoo Finance - Intel shares surged 14% to reach a new all-time high.

Fast Company - Intel's stock jumped 114% last month and is up 200% year-to-date.

Yahoo Finance - Intel's market capitalization exceeded $470 billion after a strong monthly performance.

Fast Company - Intel has a market cap of $542.9 billion as of this writing, beating its previous market-cap record of $501.51 billion set on August 31, 2000.

Bloomberg - Intel's stock rose over 13% on a Tuesday, hitting an all-time high above $100 a share.

Bloomberg - Intel's market cap reached $542.9 billion, surpassing its previous record of $501.51 billion set on August 31, 2000.

CNBC - Apple's R&D spending hit 10.3% of revenue in Q2, up from 7.6% in Q1 and 9% in Q2 2025.

Fast Company - Intel's stock price rose over 13% on a Tuesday, hitting an all-time high above $100 a share.

Yahoo Finance - Intel's market capitalization reached $542.9 billion, surpassing its previous record of $501.51 billion set on August 31, 2000.

Fast Company - Apple reported "double-digit growth across every geographic segment" in its most recent quarter.

Yahoo Finance - Apple CEO Tim Cook stated that constrained supply was limiting growth, particularly for advanced processors used in iPhones and Macs, and he believes it will take several months to reach supply-demand balance.

Fast Company - Intel's stock has reached a 55-year high, marking a significant turnaround for the company.

Yahoo Finance - Intel shares surged 14% to reach a new all-time high.

Fast Company - Intel's stock jumped 114% last month and is up 200% year-to-date.

Yahoo Finance - Intel's market capitalization exceeded $470 billion after a strong monthly performance.

Fast Company - Intel's stock has reached a 55-year high, marking a significant turnaround for the company.

Yahoo Finance - No orders have resulted from the discussions between Apple and Intel or Samsung, and both remain at an early stage.

Fast Company - Apple reported revenue of $111.2 billion for its most recent quarter, marking it as the company’s "best March quarter ever."

Fast Company - Intel's market capitalization reached $542.9 billion, surpassing its previous record of $501.51 billion set on August 31, 2000.

Fast Company - Intel shares rose over 13% and hit an all-time high above $100 a share.

Yahoo Finance - Intel shares surged 14% to reach a new all-time high.

Fast Company - Intel's stock jumped 114% last month and is up 200% year-to-date.

Yahoo Finance - Intel's market capitalization exceeded $470 billion after a strong monthly performance.

WHERE:

Fast Company - Samsung trades on the Korea Stock Exchange under the ticker 005930.KS.

Yahoo Finance - Apple executives toured a Samsung fabrication plant under construction in Texas.

WHEN:

Fast Company - The stock hit an all-time high on a Tuesday.

Yahoo Finance - Apple CEO Tim Cook stated it would take several months to reach supply-demand balance.

WHY:

Yahoo Finance - A chip shortage is part of what is pushing Apple to look at additional suppliers.

Yahoo Finance - Certain Apple executives see an alliance with Intel as a way to curry favor with the White House, which struck an investment agreement with Intel last year and has promoted it as a symbol of U.S. semiconductor manufacturing.

Bloomberg - A chip shortage is pushing Apple to look for additional suppliers, as it has expressed doubts about relying solely on Taiwan Semiconductor Manufacturing Co. for chip production.

Yahoo Finance - A chip shortage is pushing Apple to look for additional suppliers, as it has expressed doubts about relying solely on Taiwan Semiconductor Manufacturing Co. for chip production.

Yahoo Finance - A chip shortage is pushing Apple to look for additional suppliers.

Yahoo Finance - Certain Apple executives see an alliance with Intel as a way to curry favor with the White House.

Yahoo Finance - Certain Apple executives see an alliance with Intel as a way to curry favor with the White House, which has promoted Intel as a symbol of U.S. semiconductor manufacturing.

Yahoo Finance - Apple executives view an alliance with Intel as a way to curry favor with the White House, which has promoted Intel as a symbol of U.S. semiconductor manufacturing.

Fast Company - Apple is considering using Intel and Samsung to reduce reliance on TSMC for chip production.

Yahoo Finance - A chip shortage is pushing Apple to look for additional suppliers.

Yahoo Finance - Certain Apple executives see an alliance with Intel as a way to curry favor with the White House.

HOW:

Yahoo Finance - Senior Apple personnel have toured a Samsung fabrication plant under construction in Texas.

Bloomberg - Apple executives have made visits to a Samsung fabrication plant under construction in Texas.

Yahoo Finance - Apple is helping TSMC scale up its Arizona campus, which is on track to deliver 100 million chips to Apple this year.

Fast Company - Apple executives have made visits to a Samsung plant under construction in Texas.

Yahoo Finance - Apple is helping TSMC scale up its Arizona campus, which is on track to deliver 100 million chips to Apple this year.

Fast Company - Apple has had early-stage talks with Intel and executives have visited a Samsung plant in Texas.

Yahoo Finance - Apple is helping TSMC scale up its Arizona campus, which is on track to deliver 100 million chips to Apple this year.

(UPDATED May 6, 2026 17:25 UTC)

Intel's stock price soared over 13% recently, reaching an all-time high above $100 a share, with its market capitalization now exceeding $542.9 billion. This surge follows a remarkable month where Intel's shares jumped 114% and are up 200% year-to-date, reflecting strong performance amid a chip shortage that has Apple exploring additional suppliers. Senior Apple executives have even toured a Samsung fabrication plant under construction in Texas, as they consider an alliance with Intel to strengthen ties with the White House, which has previously promoted Intel as a key player in U.S. semiconductor manufacturing.

(UPDATED May 6, 2026 13:27 UTC)

Apple is in early-stage discussions with Intel and Samsung to source main processors for its U.S. device lineup, as the company faces supply constraints due to high demand for its products. Meanwhile, Intel's stock has surged over 13%, reaching an all-time high above $100 a share, with its market cap now at $542.9 billion, surpassing a previous record set in 2000. To address a chip shortage and reduce reliance on Taiwan Semiconductor Manufacturing Co., Apple executives have visited a Samsung fabrication plant currently under construction in Texas.

(UPDATED May 6, 2026 11:33 UTC)

Intel's stock price surged over 13% on a Tuesday, reaching an all-time high above $100 a share, while its market capitalization climbed to $542.9 billion, breaking its previous record set back in August 2000. Meanwhile, Apple reported double-digit growth across all geographic segments in its latest quarter, although CEO Tim Cook noted that constrained supply, particularly of advanced processors, is limiting further growth and could take several months to stabilize. To address the ongoing chip shortage, Apple is actively working with Taiwan Semiconductor Manufacturing Co. to scale up its Arizona campus, which is expected to produce 100 million chips for Apple this year.

(UPDATED May 6, 2026 05:54 UTC)

Intel's stock has soared to a 55-year high, marking a remarkable turnaround for the company as shares surged 14% and reached an all-time peak. The stock jumped 114% last month alone and is up 200% year-to-date, pushing Intel's market capitalization past $470 billion. Meanwhile, Apple is exploring additional suppliers due to a chip shortage, with some executives considering a partnership with Intel to strengthen ties with the White House, and they have even visited a Samsung plant currently under construction in Texas.

(UPDATED May 6, 2026 04:13 UTC)

Apple has begun early-stage discussions with Intel and Samsung regarding the sourcing of main processors for its U.S. device lineup, although no orders have been finalized yet. Meanwhile, Intel's stock has soared to a 55-year high, reflecting a significant turnaround for the company, as CEO Lip-Bu Tan focuses on securing partnerships for chip manufacturing. Some Apple executives believe that collaborating with Intel could help strengthen ties with the White House, which has championed Intel as a key player in U.S. semiconductor manufacturing.

(UPDATED May 6, 2026 01:28 UTC)

Apple's outgoing CEO, Tim Cook, announced that the company has seen "extraordinary demand" for the iPhone 17 lineup, contributing to a record revenue of $111.2 billion for its most recent quarter, marking the best March quarter in the company's history. Meanwhile, Intel's CEO, Lip-Bu Tan, is working on securing partnerships for chip manufacturing, as the company's market capitalization has soared to $542.9 billion, surpassing its previous record set in 2000. Apple is also collaborating with TSMC to enhance its Arizona campus, which is expected to produce 100 million chips for Apple this year, potentially strengthening their alliance with Intel and appealing to the White House's focus on U.S. semiconductor manufacturing.

(UPDATED May 5, 2026 19:24 UTC)

Intel shares have surged over 14%, reaching an all-time high above $100 a share, following a remarkable monthly performance that saw the stock jump 114% and a year-to-date increase of 200%. As Apple explores partnerships with Intel and Samsung to reduce its reliance on TSMC for chip production, CEO Tim Cook noted that achieving a balance between supply and demand could take several months. In the meantime, Apple executives have been actively visiting a Samsung fabrication plant under construction in Texas, while also assisting TSMC in scaling up its Arizona campus to deliver 100 million chips this year.