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Intel (INTC) stock has been on a solid run, extending its rally in 2026. Shares have climbed 89% over the past month and 433% in the past 12 months, reflecting renewed investor confidence in the company’s turnaround strategy and its growing role in the artificial intelligence (AI) ecosystem.
The latest boost to the rally came after The Wall Street Journal reported that Intel has reached a preliminary agreement with Apple (AAPL) to manufacture some of the chips used in Apple devices. According to reports, discussions between the two companies have been ongoing for the past several months.