Intel Stock Surges 15.4% to New All-Time High Amid Reports of Potential Apple Chip Partnership

Intel Shares Soar to New Record High Amid Reports of Potential Partnership with Apple and Samsung

Intel shares continued their upward trajectory on Tuesday, 5 May, rising 15.4% to a fresh record high of $120 per share. This significant gain comes on the heels of a report by Bloomberg, which suggests that Apple is considering partnering with Intel and Samsung to manufacture chips in the United States.

According to the report, Apple executives have visited a Samsung plant under development in Texas and have also held preliminary talks with Intel about enlisting the company's chipmaking services. However, discussions with Samsung and Intel remain at an early stage, and neither effort has resulted in any orders so far.

A potential partnership between Apple and Intel would mark a departure from Apple's traditional manufacturing playbook, which has historically been dominated by Taiwan Semiconductor Manufacturing Company (TSMC). However, Apple is looking to expand its capacity to meet rising demand for its products, driven by the availability of advanced nodes used to produce AI chips.

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Intel has invested heavily in its foundry, or chip-manufacturing unit, in the hope of rivalling TSMC. However, the company has not yet landed any major external clients for its technology, except for a partnership with Elon Musk's Terafab, designed to serve Tesla and other Musk-associated companies.

Intel's Market Cap Tops $547 Billion

Intel's shares have experienced a remarkable surge in recent months, finishing last month with a massive rally of 114%. This marks the company's best monthly rally since joining the Nasdaq nearly 55 years ago. The rally has not only yielded handsome returns to investors but has also reignited the AI trade, which has sent the Nasdaq to multiple record peaks.

The company's market capitalization has risen to $547 billion, following Tuesday's intraday high. Intel's shares regained momentum in August 2025, with a sharp 23% surge, and have continued to strengthen in the following months.

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For investors who bought $1,000 worth of Intel shares five years ago, their investment would now be worth $1,745.

Comparison of Intel's Share Price Growth

Note: The above table shows the monthly share price growth of Intel from August to December 2025.