Intel Corporation (INTC) shares surged +6.06% to $49.28 after reports confirmed that Apple and NVIDIA are in advanced talks to utilize Intel's cutting-edge 18A process node for high-volume production.
- The high-volume production utilizing the 18A node is expected to commence in 2028.
- This strategic alignment significantly boosts Intel's foundry prospects, driven by strong AI demand and current geopolitical considerations.