PDK

Intel shares surged after analyst Ming‑Chi Kuo predicted Intel could ship a low‑end “M” processor to Apple as early as Q2‑Q3 2027, contingent on Intel delivering its process design kit in early 2026. While Apple remains heavily reliant on TSMC and the expected order volume is modest, the potential deal would validate Intel’s U.S. foundry push and could open higher‑volume, higher‑value business. Despite a brief pull‑back in pre‑market trading, the outlook highlights Intel’s strategic shift toward competing with Asian foundries and diversifying Apple’s supply chain.