The U.S. government's 10% stake in Intel played a key role in bringing Apple to the table, with talks spanning more than a year
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The U.S. government's 10% stake in Intel played a key role in bringing Apple to the table, with talks spanning more than a year
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On Friday The Wall Street Journal cited sources who said that Apple and Intel had reached a preliminary agreement for Intel to manufacture chips for the iPhone-maker. Intel stock was up 16% in midday trading on the news; it has risen 246% this year. Apple uses Taiwan Semiconductor Manufacturing to make its Apple Silicon chips that run all its devices.
Shares of Intel jumped in Friday trading, pushed higher by reports that the company was moving closer to landing a deal to make chips for a Magnificent 7 client.
This option trade on Nvidia offers a healthy annualized return and multiple ways to make it a success.
Apple's chip deal lifts Trump's Intel stake to $56.5 billion, marking an unrealized gain of $47.6 billion in eight months.
Shares of Intel (NASDAQ:INTC) are ripping higher again in Friday afternoon trading, with the stock changing hands near $125, up roughly 14% on the session. The move caps a stunning month for the chipmaker. INTC stock is now up approximately 116% over the past month with today’s intraday gain factored in. Through Thursday’s close, Intel ... Intel Just Ripped 116% in a Month. Is It Time to Sell in May and Go Away?
Apple Inc (NASDAQ:AAPL, XETRA:APC) is entering a potential new growth phase driven by artificial intelligence, according to Wedbush analysts, who raised their 12-month price target from $350 to $400 and maintained an ‘Outperform’ rating. This implies upside from current levels of...
Wedbush's Dan Ives just slapped a Street-high price target on the iPhone maker -- and his pitch is that the AI story is finally about to begin.
Shares of Intel are up more than 15% in afternoon trading, building on morning gains after The Wall Street Journal reported that the chip maker had struck a deal with Apple to make some of the chips that power its devices.
Apple and Intel have reached a preliminary agreement for Intel to manufacture some of the chips that power the iPhone maker's devices, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intensive talks between the two companies have been underway for more than a year, and they hammered out a formal deal in recent months, the report said. Apple shares were up about 2%, while Intel's stock extended gains and was last up about 14%.
Apple (AAPL) is likely to see a major inflection point in growth as it prepares to unveil its artifi
Wedbush raised its price target on Apple (NASDAQ:AAPL) to $400 from $350, with analyst Daniel Ives keeping an Outperform rating and calling the company “the sleeping tech giant about to see a major inflection point.” Ives estimates that roughly 20% of the world’s population will access AI through an Apple device over the coming years, ... Wedbush Hikes Apple Price Target to $400: AI Inflection Point Could Reach 20% of the World
Apple is the IBD Stock Of The Day as the consumer electronics giant surges into a buy zone ahead of its annual WWDC.
Warren Buffett does not hand out personal endorsements of his money manager every day. That makes the line he delivered about Greg Abel, who formally became President and CEO of Berkshire Hathaway on January 1, 2026, worth pausing on. For shareholders of Berkshire Hathaway (NYSE:BRK-B), it is the strongest possible vote of confidence after the ... Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”
Alphabet Inc. (NASDAQ:GOOGL) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer mentioned the company during the episode and said: What else? You need to have a cloud infrastructure to run the models. Think Google Cloud, Microsoft’s Azure, Amazon Web Services. You also got that […]
Dan Ives and his team see iOS 27 as the turning point that brings Apple's 2.5 billion users into the AI economy, with services revenue the main prize Wedbush Securities has raised its price target on Apple Inc (NASDAQ:AAPL, XETRA:APC) to $400 from $350, keeping its 'outperform' rating on the...
Smart glasses are entering their iPhone moment in 2026, and for the first time in a generation, Meta and Google are defining the inflection. Industry projections show category sales rising from 6 million units in 2025 to 20 million units in 2026, and Apple’s flagship smart glasses do not ship until 2Q 2027, with full-display ... Smart glasses are about to have their iPhone moment and Apple is late to the party
Apple might benefit from the AI race by selling AI-friendly laptops.
Forget Nvidia Inc. (NASDAQ:NVDA) or Microsoft (NASDAQ:MSFT), cryptocurrency may be the best way to ride the AI boom, according to Pantera Capital founder and CEO Dan Morehead. Speaking during Alchemy’s CoBuild conference in New York on Tuesday, the OG investor...
We just covered Cathie Wood’s 11 Biggest AI and Data Center Stock Picks. Taiwan Semiconductor (NYSE:TSM) ranks #8 (see Cathie Wood’s 5 Biggest AI and Data Center Stock Picks). Taiwan Semiconductor Mfg Co Ltd (NYSE:TSM) is perhaps the most critical cogwheel in the AI revolution. It manufactures the world’s most advanced semiconductors for companies that design […]
Apple Inc. (NASDAQ:AAPL) shares moved 0.
Morgan Stanley partners Anna Winderbaum and Joseph Lerner discuss how they manage the complex needs of ultrawealthy families.
Intel's AI hopes are rising, but manufacturing execution, yields, and customer trust remain central to the turnaround.
Tech giants warn user privacy could weaken
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer. Despite its lackluster share price performance recently, AI GPU giant NVIDIA Corporation (NASDAQ:NVDA) continues to be on Jim Cramer’s radar. The stock is up by 77% over […]