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APAC Chip Stocks Rally; TSMC Soft against Mkt as Intel Said to Make Some Apple Device Chips
Taiwan bourse last quoted at 41,917 this morning (11th), up 313 points or about 0.75%. Global chip foundry leader TSMC (2330.TT) bucked the trend, sagging 1.5% to TWD2,255.Apple In...
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APAC Chip Stocks Rally; TSMC Soft against Mkt as Intel Said to Make Some Apple Device Chips
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Taiwan bourse last quoted at 41,917 this morning (11th), up 313 points or about 0.75%. Global chip foundry leader TSMC (2330.TT) bucked the trend, sagging 1.5% to TWD2,255.

Apple Inc. (AAPL.US)      and Intel Corporation (INTC.US)      reached a preliminary agreement under which Intel will manufacture certain chips used to power Apple devices, the Wall Street Journal cited informed sources over the weekend as saying.

Related News M Stanley Raises SK Hynix TP to KRW2.6 million and Lifts EPS Forecasts
The two companies reportedly engaged in intensive negotiations for more than a year and finalized a formal agreement in recent months.

Major Asia-Pacific chip stocks thrived broadly this morning. SMIC (00981.HK)  +5.650 (+7.615%)    Short selling $1.35B; Ratio 8.174%   and HUA HONG SEMI (01347.HK)  +2.100 (+1.641%)    Short selling $1.27B; Ratio 19.082%   each spiked about 5%. In South Korea, Samsung Electronics (005930.KS) and SK Hynix (000660.KS) surged 5.7% and 11.2%, respectively, both notching record highs. In Japan, Kioxia (285A.JP) rallied 7.6% to a new high. MediaTek (2454.TW) in Taiwan also jumped up 8.8% to a record high.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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