Intel stock price jumps 11% after report Apple, Nvidia weigh Intel foundry work
New York, January 28, 2026, 18:02 EST — After-hours
Intel shares jumped roughly 11% in after-hours trading Wednesday, climbing $4.83 to $48.78 on volume near 201 million shares. The surge came after a DigiTimes report suggested Apple and Nvidia might move a small slice of their 2028 chip production to Intel, adding a second supplier alongside Taiwan Semiconductor Manufacturing Co. Both companies usually stay silent on supply-chain rumors. (DIGITIMES Asia)
The report arrives as Intel works to restore faith in its contract manufacturing, or foundry, business to attract outside clients. The stock took a hit last week after the company warned that first-quarter sales and profits would fall short of estimates and admitted…
