Apple Inc. and Intel Corporation may be rekindling their business relationship, as reports indicate a preliminary agreement for Intel to manufacture chips for future Apple devices. This development comes years after Apple transitioned away from Intel processors in its Mac lineup, opting for its own Apple Silicon. The new partnership has generated excitement in Silicon Valley and Wall Street, leading to a 15% increase in Intel's stock price following the news. The agreement is significant for Intel, which has been striving to re-establish itself in the semiconductor market, especially after the appointment of Lip-Bu Tan as CEO in March 2025 and a recent 10% stake acquisition by the U.S. government. Apple is also exploring domestic chip production options, having held discussions with both Intel and Samsung. However, the specific Apple products that will feature Intel-made chips remain uncertain, with analysts speculating that Intel could begin shipping Apple’s lowest-end M processor as early as 2027. This partnership could signal a transformative moment for both companies and the broader chip manufacturing landscape.