Intel Jumps To Record High On Deal To Make Chips For Apple, Following White House Pressure
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Source: Zero Hedge
Published: 2026-05-09 03:26 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Financial Markets, US Politics, Business & Economy
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Snippet:
Already looking like something right out of the dot com bubble, Intel stock soared even more moments ago, surging almost 20% and hitting a new all time high over $130 (it was trading at $80 a few days ago), after the WSJ reported that the White House-backed chipmaker has reached a preliminary agreement to manufacture some of the chips that power Apple devices.
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