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Stock impact report

Intel Stock Pops As Analyst Sounds Alarm On Potential Apple Partnership [Forbes]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Forbes
Intel's stock closed up 10.3% at $40.56, nearly reaching its highest closing price in well over a year. TF International Securities analyst Ming-Chi Kuo said in a statement Friday morning his latest industry surveys “indicate that visibility on Intel becoming an advanced-node supplier to Apple has recently improved significantly.” Kuo said Apple plans to use Intel to ship its lowest-end M processor, Apple's proprietary chip used in MacBook Airs and iPad Pros. Kuo noted Intel will still trail behind chip competitor Taiwan Semiconductor Manufacturing Company in the coming years, but a deal with Apple and other “tier-one customers” could make Intel's long-term outlook “more positive.” 102.3%. That is how much Intel shares have climbed since January, when the chipmaker's stock traded around the $20.22 mark, a little more than half what they are worth today. This is a developing story. Check back for updates. Show less Read more
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