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Intel Stock Hits All-Time High After Preliminary Chip Deal With Apple
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Decrypt Editorial(08:17 PM UTC)
1 min read
In brief
- Apple and Intel reached a preliminary chip manufacturing agreement after more than a year of negotiations, per The Wall Street Journal.
- Intel stock hit an intraday high of $130.57 on May 8, 2026, surpassing the dot-com era peak of $74.88 from August 2000 by roughly 74%.
- President Trump personally lobbied Tim Cook for the deal, while the U.S. government holds a nearly 10% stake in Intel…
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