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Intel Stock Soars Despite Apple's Chip Shift | JQJO

Intel Stock Soars Despite Apple's Chip Shift

Intel Stock Soars Despite Apple's Chip Shift

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Intel's stock surged over 8% despite reports that Apple's MacOS Tahoe will be the last version supporting Intel processors in Macs. This marks the end of a five-year transition by Apple to its own chips. However, positive trade talks between the US and China, and potential Department of Defense cybersecurity contracts boosted Intel's share price. Analysts currently hold a "Hold" rating on INTC stock.

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