Semiconductor stocks have been on the rise, with Intel (INTC) gaining attention after a rumor that it could supply Apple (AAPL) with M-series chips by 2027. The stock jumped 10%, signaling a potential comeback for Intel as an Apple supplier. However, initial volumes would be small, with no material impact on Apple’s main supplier, TSMC.

Intel reported a strong Q3, with revenue reaching $13.7 billion and swinging back to profitability. Analysts have mixed views on INTC stock, with price targets ranging from $18 to $36. While some remain cautious, others are optimistic about Intel’s turnaround and growth potential.

Read more at Barchart: Wall Street Is Betting on a Major Intel-Apple Chip Deal. Should You Buy INTC Stock Here?