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Intel Premarket Up ~4% on Report to Manufacture Some Apple Device Chips
Intel Corporation (INTC.US) last leaped 3.9% in premarket trading to USD129.7. Apple (AAPL.US) and Intel forged a preliminary agreement under which Intel will manufacture certain c...
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Intel Premarket Up ~4% on Report to Manufacture Some Apple Device Chips
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Intel Corporation (INTC.US)      last leaped 3.9% in premarket trading to USD129.7.

Apple (AAPL.US)      and Intel forged a preliminary agreement under which Intel will manufacture certain chips used to power Apple devices, the Wall Street Journal, citing sources familiar with the matter over the weekend, reported.

Related NewsPersonal Income MoM for Apr in United States is 0%, lower than the previous value of 0.6%. The forecast was 0.4%.
The two companies engaged in intensive negotiations for more than a year and finalized a formal agreement in recent months, sources divulged. Bloomberg reported earlier last week on the related discussions.
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