Intel’s shares reached an all-time high today following a Bloomberg article stating that Apple is contemplating Intel and Samsung Electronics as possible manufacturing allies for its upcoming device chips. This development has notably influenced Intel’s stock trajectory, which surged to $110.48 during trading and ultimately closed at $108.18, resulting in a market valuation of $543.71 billion.
The Bloomberg article suggested that Apple is engaged in preliminary discussions with Intel and is assessing Samsung’s capabilities to diversify its chip manufacturing away from TSMC. Despite existing reliability concerns that could hinder Apple’s progression with an alternative partner, the mere prospect has propelled Intel’s stock price upward significantly.
Intel’s stock has experienced an impressive comeback, jumping 174% in 2026 and 433% over the previous year, following a low of $18.96. A large portion of this increase can be linked to a deal in August 2025, when the U.S. government secured a 10% stake in Intel. Under CEO Lip-Bu Tan’s leadership, who succeeded former CEO Pat Gelsinger, Intel has returned to revenue growth and outpaced Wall Street projections, gaining from heightened demand for its CPU business, particularly amid the expanding AI infrastructure.
Reestablishing a partnership with Apple would represent a major accomplishment for Tan, given that Apple previously distanced itself from Intel due to delays and unmet deadlines impacting its Mac operations. Reports from last year indicated that Tan was already considering a shift in Intel’s foundry strategy to attract significant clients like Apple and Nvidia, concentrating on next-generation technologies.
Analysts have suggested that Intel might begin manufacturing Apple-designed chips in the next few years, with forecasts for base M-series chips for Macs and iPads by 2027, and non-Pro iPhone chips by 2028. Conversations between Intel and Apple have also encompassed potential investments, signifying a wish for increased collaboration.
While the latest report did not explore the technical details of Apple’s talks with Intel, the market has responded favorably, reflecting optimism in Intel’s ongoing recovery and potential upcoming partnerships.