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Intel Partners with Apple for Chip Manufacturing
Intel is reportedly set to commence manufacturing chips for Apple’s MacBook Air and iPad Pro, with shipments anticipated to begin in the second quarter of 2027, according to a claim by analyst Ming-Chi Kuo. This potential partnership comes at a crucial time for Intel, which has seen a decline in its competitive edge within the semiconductor industry.
Following the unverified report, Intel’s shares rose by 8.7% on Tuesday, whereas the S&P 500 and Nasdaq Composite gained 0.2% and 0.5%, respectively. This move suggests a renewed investor confidence in Intel amid ongoing challenges, including a reduced workforce and loss of key talent.
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