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Barchart
Barchart
Wajeeh Khan

Intel Jumps as Apple Explores Chip Deal. Here's How You Should Play INTC Stock Now, According to Barchart Data.

Intel Corporation Apple INTC Barchart IS United States AAPL Taiwan Semiconductor

Intel (INTC) ripped further up on May 5 following reports that Apple (AAPL) is considering using its foundry services for domestic chip production. 

Following today’s surge, INTC’s relative strength index (RSI) sits in the mid-80s, signaling severely overbought conditions that often trigger a sharp pullback. 

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