Two Years After Parting Ways in 2023
Intel Shares Surge Over 10%
There are reports that Intel may be contracted to manufacture Apple's advanced chips.
Kuo Ming-Chi, an analyst at TF International Securities, stated on the social networking service X (formerly Twitter) on November 28 (local time) that the two companies have recently signed a non-disclosure agreement (NDA) and are discussing a plan for Intel to produce Apple’s M series chips.
He predicted that, as a result, Intel could begin shipping these chips as early as the second or third quarter of 2027.
The M series chips are designed in-house by Apple and are installed in Mac computers and iPad tablet PCs. Apple began releasing its own chips starting with the M1 in 2020, and last month launched the M5 chip.
However, it has been reported that Intel will be responsible for producing previous-generation chips used in entry-level models, rather than the latest M series chips. Shipments of the lowest-priced M series chips in 2026 and 2027 are projected to be between 15 million and 20 million units.
Apple had previously used Intel processors in its Mac computers, including laptops and desktops, but effectively ended its partnership with Intel in 2023 when it began applying M series chips across all its products. Apple's attempt to restore its relationship with Intel is interpreted as an effort to align with the Donald Trump administration's policy of revitalizing U.S. manufacturing. President Trump has been working to advance the semiconductor manufacturing industry in particular, and in August, signed an agreement for the federal government to acquire shares equivalent to about 10% of Intel’s total equity, making it the largest shareholder.
Apple previously announced a $100 billion investment in the United States and revealed that glass for iPhones and iPads would be produced at Corning’s U.S. plant. CEO Tim Cook even personally presented President Trump with a commemorative Corning glass plaque inscribed with 'Made in USA,' mounted on a solid gold base.
Additionally, it is analyzed that Apple aims to diversify its suppliers for M series chip production, which currently relies entirely on TSMC.
Meanwhile, for Intel, a contract to produce Apple chips could provide an opportunity to increase its minimal market share in the foundry (semiconductor contract manufacturing) business and to enhance its technological capabilities. On this day, Intel’s share price, listed on the Nasdaq, closed at $40.56, up 10.19% from the previous trading day.
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