Intel Corporation (INTC) surged 10.28% last week, closing at $40.56 per share amid speculation it may supply Apple’s lowest-end M-series chips. Analyst Ming-Chi Kuo believes Intel could become an advanced-node supplier for Apple, improving its long-term outlook. Apple recently invested in Intel, and Nvidia also made a $5 billion investment in Intel for joint development projects.

Read more at Yahoo Finance: Intel Corp. (INTC) Climbs 10.3% on Apple Deal Hype