Anabelle Colaco
10 May 2026, 09:54 GMT+10
NEW YORK CITY, New York: Apple and Intel have reached a preliminary agreement under which Intel would manufacture some of the chips used in Apple devices, the Wall Street Journal reported on Friday, citing people familiar with the matter.
The report said the two companies have been engaged in intensive discussions for more than a year and finalised a formal agreement in recent months.
Details of the arrangement remain unclear, including which Apple products would use chips manufactured by Intel, according to the report.
The potential partnership would mark a significant development for Intel as the company works to expand its contract chip manufacturing business and compete more aggressively in the global semiconductor industry.
Intel shares surged following the report and were last trading about 14% higher, while Apple shares rose roughly 2%.
Neither company immediately responded to requests for comment.
Get a daily dose of Dallas Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dallas Sun.
More InformationBEIRUT, Lebanon: Nobel Peace laureate and activist Narges Mohammadi was finally shifted to a Tehran hospital, her foundation said on...
WASHINGTON, D.C.: The White House has invited Elon Musk and Tim Cook to join President Donald Trump on his trip to China this week,...
JAKARTA, Indonesia: More than 300 foreign nationals, mainly from Vietnam, were arrested by the Indonesian police on Satyrday, for alleged...
SEOUL, South Korea: South Korea's parliamentary speaker, Woo Won-shik, said this week that a bill to change the constitution and make...
DUBLIN, Ireland: Lawyers for three men who targeted a vulnerable teenager and lured her into a car before driving her to Dollymount...
MOUNTAIN VIEW, California: Google has agreed to pay US$50 million to settle a class-action lawsuit brought by Black employees who alleged...
LOS ANGELES, California: Dua Lipa has sued Samsung Electronics for at least US$15 million, alleging the company used her image without...
NEW YORK, New York - U.S. and global stock markets turned in a split performance at the close of trading on Monday, with major U.S....
DHAHRAN, Saudi Arabia: Saudi Aramco reported a 25 percent increase in first-quarter profit after higher oil prices and export shifts...
AUSTIN, Texas: Tesla is recalling 173 Cybertrucks over a wheel-related defect and more than 200,000 additional vehicles because of...
PORTLAND, Oregon: Nike has been sued by consumers who claim the sportswear giant has not refunded tariff-related costs that were passed...
MOUNTAIN VIEW, California: Google has agreed to pay US$50 million to settle a class-action lawsuit brought by Black employees who alleged...
