INTC is trading at $99.06 (+3.4%) in pre-market following reports that Apple is in early-stage talks to produce chips with Intel and Samsung to reduce its reliance on TSMC.
- The potential partnership aims to diversify Apple's supply chain by shifting some production to domestic facilities.
- Intel's gain significantly outpaces broader market futures, with the S&P 500 up 0.01% and the Nasdaq flat amid a quiet economic calendar.
- The stock closed yesterday at $95.78, with the news of the high-profile collaboration serving as the primary catalyst for the move. [Hero News ID: 69f966f0c530d7f44bd3e163]