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Intel Shrs Soar 4%+ Pre-market Tue as Apple Reportedly Explores OEM Chip Mfg Orders
Intel Corporation (INTC.US) shares last spiked 4.4% to US$100.03 in pre-market trading on Tuesday (5th). Apple Inc. (AAPL.US) explores outsourcing OEM chip manufacturing to Intel C...
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Intel Shrs Soar 4%+ Pre-market Tue as Apple Reportedly Explores OEM Chip Mfg Orders
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Intel Corporation (INTC.US)      shares last spiked 4.4% to US$100.03 in pre-market trading on Tuesday (5th).

Apple Inc. (AAPL.US)      explores outsourcing OEM chip manufacturing to Intel Corporation (INTC.US)      and Samsung Electronics (005930.KS) as secondary options beyond its long-term partner Taiwan Semiconductor Manufacturing Company Ltd. (TSM.US)      , Bloomberg reported, citing people with the knowledge of the matter.

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Apple had reportedly held early-stage talks with Intel. Meanwhile, senior Apple executives had also visited Samsung Electronics advanced chip fabrication plant currently under construction in Texas. Negotiations with both companies remain at an early stage, and no orders have been finalized.
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