A single presidential social-media post sent the chipmaker's shares higher. But neither company has confirmed it.
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Apple confirmed rising memory costs, pointing to supplier pricing leverage that affects upcoming products. Following these comments, Sandisk (NasdaqGS:SNDK) saw its stock surge about 11% as investors reacted to the pricing signal. Apple's move comes alongside Intel's agreement to manufacture Apple-designed AI semiconductors, reinforcing demand for high-performance memory. The current Sandisk share price is about $2,182.451, with the stock up 16% over the past week and 57.8% over the past...
After a monumental run, the memory chip maker is posting record profits and spending billions on expansion, forcing you to decide if this AI-driven boom has truly broken the industry's old boom-and-bust habits.
Amazon Web Services, the company’s cloud-computing arm, has opened discussions with potential customers looking to use its custom Trainium chips.
Donald Trump and Iranian President Masoud Pezeshkian signed a preliminary agreement on Wednesday in a bid to end the conflict between the two countries.
Intel on Thursday named Seok-Hee Lee executive vice president of its contract chip-manufacturing division as it sharpens focus on its advanced packaging business. The American chipmaker has been trying to reinvigorate its manufacturing business under CEO Lip-Bu Tan, after missing out on the AI boom. The appointment follows President Donald Trump's announcement earlier in the day that Apple had agreed to work with Intel to design and manufacture its chips in the U.S. in a boost to the chipmaker's contract manufacturing business.
As AMD chases a multi-billion dollar AI future, it has stopped celebrating a key profitability metric, a quiet signal that the company's next wave of growth will be a different, lower-margin bet.
Gene Munster, Managing Partner of Deepwater Asset Management, used a CNBC segment on June 18, 2026 to tie together two critical semiconductor stories: Apple‘s willingness to raise iPhone prices and the parabolic move in memory chip stocks. His thesis: when the most operationally disciplined hardware company in the world signals it cannot absorb the full ... Apple’s Latest Reveal Proves That Micron Has “More Room To Run”
Intel shares surged 11% Thursday, continuing their meteoric rise after President Trump said that the company had secured a deal to supply chips to Apple.
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 10.4% in the afternoon session after President Trump posted on Truth Social that "Apple agreed to work with Intel to design and build its Chips in America."
Intel's up over 10% as Trump touts a new deal to produce chips in the U.S. with Apple.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) jumped 3.4% in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.

<body><p>STORY: ::Intel</p><p>::Archive</p><p>Shares of Intel rose as much as nearly 12% on Thursday, after U.S. President Donald Trump said the company would partner with Apple on chip design and production...</p><p>:: Intel</p><p>in what would be a major boost for Intel's efforts to turn around its business. </p><p>A contract with Apple would lock in steady demand from the iPhone maker, boosting Intel's reputation and sales as it looks to close the gap with rival TSMC, the world's biggest contract chipmaker.</p><p>::Archive</p><p>::AMD</p><p>For Apple, the deal would help diversify its manufacturing base and add chip capacity at a time when TSMC, its key partner, has been stretched thin by surging demand from AI chip-making clients such as Nvidia and AMD.</p><p>Trump's social media post about the agreement did not specify which chips Intel would make for Apple.</p><p>The president said it was his latest effort to help Intel, in which the U.S. government has a 10% stake.</p><p>::Archive</p><p>The Trump administration has been stepping up efforts to secure U.S. supply chains for semiconductors and critical minerals, including taking equity stakes in companies to reduce reliance on China.</p><p>Apple and Intel did not immediately respond to Reuters requests for comment.</p></body>
Wedbush Sees Major Intel Opportunity as Apple Reshapes Its Chip Strategy
Intel shares rose after Trump said Apple agreed to work with the chipmaker on US-designed and built chips.
A social media post from President Trump sent chip stocks soaring. The Direxion Daily Semiconductor Bull 3X ETF led the charge, as expected.
Apple's (AAPL) chip production deal with Intel (INTC) represents a big opportunity for the semicondu
Intel is trying to rebuild its chipmaking edge, while Qualcomm is leaning on profits, cash flow, and expansion beyond mobile. Investors comparing the two stocks have to decide which chip strategy offers the clearer path to returns in 2026.