intc stock reverses 10% rally as analyst forecasts 2027 apple supply deal

Intel's stock [retreated Monday](https://example.com/intel-stock-sinks), . The initial surge followed a statement from TF International Securities analyst , who [cited improved visibility](https://example.com/intel-return-to-apple) on Intel becoming an advanced-node supplier to Apple. Kuo noted the timeline depends on Apple receiving Intel's process design kit (PDK) in early 2026, .

Analyst Forecasts and Market Implications

Kuo emphasized that any Intel-Apple partnership would not significantly impact TSMC, which currently supplies Apple's silicon chips. "Apple will remain highly dependent on TSMC's advanced nodes for the foreseeable future," he stated, adding that [the volume of Intel's lowest-end M processors would be minimal](https://example.com/intel-return-to-apple) compared to TSMC's existing contracts. The analyst also [highlighted that the deal could align](https://example.com/intel-stock-sinks) with U.S. government efforts to bolster domestic semiconductor manufacturing, though neither Intel nor Apple has commented on the potential partnership.

Strategic Outlook for Intel

The potential collaboration could validate Intel's high-performance foundry capabilities, according to Paul Markham of GAM Global Equities. "If Intel executes this, it could unlock higher-volume opportunities with Apple, such as CPU production for iPhones, and potentially attract other major chip designers," he told CNBC. .

Historical Context and Legal Developments

Intel and Apple have had a complex relationship since 2005, when Intel's processors powered some Apple products. The iPhone maker [shifted away from Intel's chips](https://example.com/intel-stock-sinks) in the 2020s. Recently, Intel faced a lawsuit from TSMC, which [alleged a former executive leaked](https://example.com/intel-stock-sinks) confidential information to Intel. Intel has not responded to requests for comment on the matter.