Earlier, we highlighted the factors that helped Intel (INTC) shares recover strongly in 2025, including support from the U.S. government, leadership changes, investment from Japanese conglomerate SoftBank Group, and more.

According to recent reports, Intel could gain a major new client in Apple (AAPL). Yahoo Finance cites analyst Ming-Chi Kuo, who stated on X that Intel’s prospects have “improved significantly.” Intel may begin producing chips for Apple as early as 2027, potentially reducing reliance on Taiwan’s TSMC.

Although there are no official confirmations, sentiment on the market is positive. Since the start of last week, INTC shares have risen by over 20%, reaching their highest level since spring 2024, breaking past the psychological $40 mark.

Technical Analysis of INTC

Six months ago, INTC’s chart showed $20 as a key support level, backed by major investors. Since then, the stock has formed an ascending channel (shown in blue), which was extended upwards in September.

Bulls have steadily asserted control, pushing the price to higher levels, with support at $30 and later the channel’s median. After a brief consolidation in late November, the $40 level was breached.

Currently, the price sits near a line dividing the upper half of the channel into quarters, which may act as resistance, especially given signs of overbought conditions on key technical indicators.

If Intel’s strategic collaboration with Apple is officially confirmed, it could generate around $1 billion in revenue, leaving the current technical levels on the chart far below the potential upside.

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