Intel's stock levels mean investors believe its foundry business will succeed: Bernstein's Rasgon
Corroborated by 2 sources from 2 publishers
globalbusiness3h ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, intel (INTC) stock soared 10% on Thursday after President Trump posted on Truth Social that Apple (AAPL) has agreed to work with the chipmaker to build its processors.
Sources
1
Yahoo Finance News
https://finance.yahoo.com/technology/article/intels-reported-apple-deal-sends-stock-soaring-as-turnaround-continues-to-payoff-143423447.html
7h ago
2
CNBC 100004038
https://www.cnbc.com/video/2026/06/18/intels-stock-levels-mean-investors-believe-its-foundry-business-will-succeed-bernsteins-rasgon.html
3h ago