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Apple & Intel have reached a preliminary agreement for Intel to manufacture some of the chips that power the iPhone maker's devices, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intensive talks between the two companies have been underway for more than a year, and they hammered out a formal deal in recent months, the report said. Stock is up 17% now!!!
— ORIGINAL POST ·
Apple and Intel $INTC reach agreement for Intel to make chips in Apple devices, WSJ reports.
· r/stocks
· May 8, 2026