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Barchart
Wajeeh Khan

Trump Just Sent Intel Stock Soaring. Here's Why.

Intel (INTC) rallied to a new all-time high on Thursday after President Donald Trump said Apple (AAPL) has agreed to partner with it on designing and manufacturing its chips domestically.

As investors cheered this potential foundry deal with the iPhone maker, INTC’s relative strength index (RSI) climbed into the mid-60s, indicating intense buying pressure.

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