Intel rose over 7%, and Ming-Chi Kuo expects Apple may ship Apple chips
Intel's stock price rose by more than 7%, as analyst Ming-Chi Kuo expects Apple to start shipping low-cost M chips in 2027, which may secure more orders and enhance Intel's long-term outlook
Tianfeng International analyst Guo Mingqi believes that the company will begin shipping Apple's low-cost M chips, with shipments expected as early as 2027. Looking ahead, there may be more orders from Apple for the 14A node and subsequent versions, as well as more orders from other tier-one clients, which would enhance Intel's long-term outlook. Intel's stock price rose by as much as 7.5%, marking five consecutive trading days of increases, with an 18% rise during this period.
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