I’ll cut to the chase. Intel (NASDAQ: INTC) has been one of the most extraordinary turnaround stories of the past year, with shares up 466.75% over the trailing 12 months and 206.26% year to date. But after that run,

Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are ripping higher again in Friday afternoon trading, with the stock changing hands near $125, up roughly 14% on the session. The move caps a stunning month for the chipmaker.

After months of speculation, the WSJ reported Friday that Apple and Intel have reached a “preliminary chip-making agreement” which will see the firms collaborate on chips for Apple devices. Specifics on the deal were not disclosed, but the news led to an explosive 19% increase in the stock, which hit fresh all-time highs.

Intel (INTC) stock jumped 13% on Apple chip talks, Q1 earnings beat, and SambaNova deal clearance. But analyst targets sit $34 below current price.

Intel is in the midst of transforming its business, with shares up 17% on Friday following a fresh sign of a future Apple manufacturing partnership Shares of Intel have risen nearly 240% this year. Intel's stock was cruising toward fresh highs after the ...

Intel's stock has tripled under CEO Lip-Bu Tan, who has won over Trump, partnered with Musk on Terafab, and attracted Apple. The factories still lag behind TSMC.

Following the stock’s record 174% rise, which surpasses dot-com bubble records, some are questioning whether Intel is flying too close to the sun.