Intel shares jump 14% on Apple talks to use its chips for U.S. devices amid AI-driven demand surge

Intel shares surged 14% to a new high after reports that Apple is considering using Intel chips for its U.S.-made devices, marking a shift from its usual supplier TSMC. This boost follows Intel's historic 114% stock rise in April, driven by growing demand for CPUs fueled by the AI boom. Intel's strategic partnerships and government investment have strengthened its market position, signaling potential growth ahead as AI technology expands.