Intel stock holds near $49 after Apple-Nvidia foundry chatter — what traders watch next
Intel shares traded between $47.05 and $49.56 Friday morning, closing near $48.66 after volatile swings. Reports this week said Apple and Nvidia are in talks with Intel for limited chip production in 2028, but most high-end work remains with TSMC. Investors await concrete orders as Intel faces ongoing supply issues and missed revenue targets.