Intel up 9% on Apple tie-up; Rumble climbs 17%
CRYPTOCURRENCY

Intel up 9% on Apple tie-up; Rumble climbs 17%

2 min read

Intel Corporation’s shares surged 9% in pre‑market trading Thursday after President Donald Trump posted on Truth Social that Apple has agreed to partner with Intel to develop and produce semiconductors on U.S. soil.

Intel’s Pre‑Market Momentum

Apple presently sources its most advanced processors from Taiwan Semiconductor Manufacturing Company (TSMC), whose fabs are under heavy demand from AI chip makers such as Nvidia and AMD. Intel’s announced collaboration offers investors a high‑profile client and narrows the gap with TSMC in cutting‑edge chip fabrication. The market reacted quickly, pushing Intel’s price upward before the regular session opened.

Intel has devoted substantial capital to reviving its foundry business, targeting third‑party manufacturing contracts. If the Apple agreement materializes, the deal could reshape the semiconductor landscape and provide a new hardware platform for blockchain and crypto mining applications. Analysts note that the announcement adds momentum to Intel’s strategic roadmap and may attract additional investor interest.

Rumble’s Share Rally

Rumble’s stock climbed 17% after the company completed its acquisition of Northern Data AG, merging its video streaming service with the Quake AI cloud‑computing division. The transaction consolidates two operational segments and signals confidence to market participants. Investors welcomed the move, anticipating synergies that could boost the overall price performance.

Northern Data raised its annual revenue outlook by roughly 30%, a metric that underscores the growth potential of its AI‑driven infrastructure. The expanded platform may also support blockchain workloads and crypto analytics, widening