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Sep 25, 2025 4:00 PM

Intel Stock Pops On Report CEO Engages TSMC, Apple

Intel Corp. (NASDAQ: INTC) CEO Lip-Bu Tan has been working aggressively to line up funding and customer partnerships critical to the company's turnaround.

It was reported on Thursday that he has reached out to Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) as well.

Partnerships and Investments

Intel has reached out to Apple, Inc. (NASDAQ: AAPL) and TSMC about potential collaborations, according to the Wall Street Journal.

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The conversations started before President Donald Trump took an interest in the company, but momentum increased after the U.S. acquired a nearly 10% stake.

The Trump administration, led by Commerce Secretary Howard Lutnick, has reportedly ...