Recently, word emerged that chip stock Intel (INTC) was in line to make some chips for Apple (AAPL), a move that sent share prices surging. But the story did not stop there, as reports emerged that Apple may be putting in more orders with Intel than originally expected. That news did not sit well with investors, oddly, and Intel shares slipped 1.5% in Monday afternoon’s trading.
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The original word suggested that Intel was set to pick up Apple’s business for the M-series chip, a discussion that was already in progress from several months ago. But as it turns out, it may not only be the M-series chip Intel is in line to produce. The new word suggests Intel may produce M-series chips starting in 2027, and then in 2028, it will start rolling out A-series chips as well.
The A-series chips will be part of 1ntel’s 14A process, a node that was already drawing attention from multiple Intel competitors. Throw in the notion that Intel is preparing to publicly debut the 18A process at CES 2027, and Intel is in line for several big moves all at once. Intel is st to start production slowly at first—which means 2026 may not be such a big year—but 2027 is expected to be explosive.
Showing Off the Future
Meanwhile, Intel also took to the RBC Capital Markets Global Technology, Internet, Media and Telecommunications (TIMT) Conference 2025 event to show off some of its future plans. Intel revealed some of what it had already done so far—like improving its margins and stepping up its attempts to regain lost market share—and also some of what it had in mind.
Intel pointed out some issues it was having around supply chains, though those were expected to high their high-water mark in 2026’s first quarter. Intel also discussed the Apple deal, and pointed out that it was potentially a big deal, assuming Intel could maintain quality production on the chips in question.
Is Intel a Buy, Hold or Sell?
Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on three Buys, 25 Holds and six Sells assigned in the past three months, as indicated by the graphic below. After a 69.49% rally in its share price over the past year, the average INTC price target of $36.07 per share implies 9.55% downside risk.
