Intel stock price: Why INTC hit an all time high today—and how Apple is involved |
Intel stock price: Why INTC hit an all time high today—and how Apple is involved
Shares of the chipmaker surged over 13% Tuesday, as the previously ailing stock has made an impressive turnaround this year.
[Photo: Joan Cros/NurPhoto via Getty Images]
Shares of Intel Corporation (Nasdaq: INTC) stock rose over 13% Tuesday on news that Apple is considering using the chipmaker, along with Samsung Electronics Co, to produce processors for its devices in the U.S., Bloomberg reported. The previously ailing stock has made a turnaround in the last few months, and hit an all-time high on Tuesday, above $100 a share.
Apple........