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Apple, Intel Reach Preliminary Chip-Making Agreement, WSJ Reports

The reported deal would signal a move to diversify Apple’s chip production beyond TSMC.

Overview

  • The Wall Street Journal reported a preliminary agreement after more than a year of talks between Apple and Intel.
  • Intel would manufacture chips for some Apple devices, but the report did not identify the products or a production timeline.
  • Following the report, Apple shares rose about 2% while Intel stock jumped roughly 18% at the time cited.
  • Apple designs its own processors and relies largely on TSMC, so adding Intel would spread fabrication across more suppliers.
  • The report cites unnamed sources, and key terms such as chip types, volumes, and pricing remain unconfirmed by both companies.