FXOpen
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.
Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Stay ahead of the market!
Subscribe now to our mailing list and receive the latest market news and insights delivered directly to your inbox.
Latest articles
AMD Shares Surge After High-Profile Deal With Meta Platforms
Yesterday, it was reported that Advanced Micro Devices (AMD) has expanded its collaboration with Meta Platforms. The companies struck an agreement under which:
→ Meta will purchase AMD equipment with a total capacity of 6 gigawatts for its AI infrastructure. Deliveries
The Dollar Index (DXY) May Close February Higher
The second half of February has seen the dollar index strengthen, driven by a combination of bullish factors:
→ A hawkish Fed stance. Minutes from the latest FOMC meeting revealed differing views on rate cuts. With inflation remaining resilient, some members
Euro Consolidates After the Impulse: Market Awaits Macro Data
The euro has moved into a phase of correction and consolidation ahead of key macroeconomic releases. In EUR/USD, a technical pullback is unfolding following the previous decline, while EUR/CAD continues a more extended corrective move within its medium-term