✉news TechnologySemiconductors first seen 12 h ago, last 12 h ago, peak #34
Intel Shares Surge After Trump Confirms Apple Chip Deal
Original: Intel Stock Rips Nearly 6% Overnight After Trump Confirms Apple Chip Manufacturing Deal
Intel stock jumped nearly 6% overnight after President Donald Trump confirmed a deal under which Apple will have chips manufactured by Intel in the United States. The announcement lifted sentiment around Intel's foundry business, which has been searching for major customers, and investors rewarded the stock in pre-market trading. Details on volumes, pricing, and timelines of the reported agreement have not yet been disclosed.
Why now: News of a marquee Apple manufacturing deal triggered an overnight rally in Intel shares.
Evidence
- Intel Stock Rips Nearly 6% Overnight After Trump Confirms Apple Chip Manufacturing Deal · stocktwits.com
API: https://socialmediatrends-api.osmike.com/v1/trends/1187200