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Both companies sell CPUs and other chips used in personal computers and data centers, so they fight for the same OEM and cloud customer budgets. AMD’s filing also says its Data Center business is driven by server CPUs and AI accelerators, which overlaps with Intel’s client and data center products.
As of Jun 18, 2026
For informational purposes only.
Intel had a whirlwind day: the stock jumped about 11%, on very heavy trading, after headlines that Apple may team up with Intel to design and build chips in the U.S. If you owned shares, you probably saw one of your biggest single‑day gains in a while; if you’re just watching, this was the kind of move that makes people suddenly start paying attention.
Today’s trading was not a quiet drift higher. The price finished around $134, near the top of its recent range, after briefly pushing up toward about $135. Volume was roughly 1.8 times its usual level, which means a lot of money decided, “I want in on this story today.” The stock is also already up sharply over the past couple of months and is trading near its recent highs, so this isn’t a low‑profile turnaround anymore.
The main spark was politics meeting tech. The U.S. president said Apple has agreed to work with Intel to design and manufacture chips in America. That would effectively make Apple a potential “anchor customer” for Intel’s new chip factories — the big, reliable client that keeps the lights on. For a company spending billions on new plants and trying to reinvent itself as a contract manufacturer (a “foundry” builds chips for others), that’s huge for the story.
