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WSJ: Apple strikes chip deal with Intel, rattling TSMC shares
Posted on 2026-05-11 12:46:14
The Wall Street Journal reports Apple and Intel have reached a preliminary
agreement for Intel to produce some chips for Apple devices.

The paper says the two companies held intensive negotiations for more than a
year before finalizing the deal in recent months.

Apple has for years relied exclusively on Taiwan Semiconductor Manufacturing
Company to make processors for its iPhones and MacBooks.

T-S-M-C declined to comment on what it called market rumors.

Market observers say Apple is diversifying its suppliers to secure production
capacity, as T-S-M-C's advanced chip lines are running at full load due to
strong A-I demand.

Analysts say T-S-M-C's process technology advantage means it will remain
Apple's primary chip producer.

T-S-M-C shares fell 35 NT dollars intraday, dropping below the 5-day moving
average to 2-thousand-255 NT, dragging the broader market down roughly 278
points.

(PB)

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