Intel (INTC) is gaining attention as tech giants Apple (AAPL) and Nvidia (NVDA) consider partnerships with Intel’s foundry business, potentially shifting chip production away from Taiwan Semiconductor (TSM). Nvidia and Apple may use Intel for certain chips, diversifying manufacturing risk. Intel could handle up to 25% of advanced chip packaging for Nvidia. Apple may return to Intel for MacBook processors. Intel’s stock has surged on reports of potential partnerships, with analysts predicting strong EPS growth. Analysts have mixed ratings on Intel stock, with Tigress Financial Partners raising their price target to $66.
Read more at Barchart: Apple Is Reportedly Looking to Partner with Intel Foundry. Does That Make INTC Stock a Buy Here?
