Wall Street Is Betting on a Major Intel-Apple Chip Deal. Should You Buy INTC Stock Here?

Semiconductor stocks have long rewarded investors who spot the next big shift early, whether it was smartphones a decade ago or artificial intelligence more recently. But not every chip company has benefited equally from the AI wave, and some legacy names have struggled to keep pace with faster, newer rivals.

That’s why Intel (INTC) suddenly finds itself back in the spotlight. Late last week, INTC stock jumped about 10% after TF International analyst Ming-Chi Kuo predicted that Intel could supply Apple (AAPL) with M‑series chips by 2027. Traders cheered the rumor, as any Apple contract would be huge PR, and even suggested it “validates Intel’s high-performance foundry offering.” However, Kuo cautioned that initial volumes would be very small “table scraps,” with no material impact on Apple’s main supplier, TSMC (TSM).