Intel has overtaken Oracle in market value, driven by a sharp rise in its stock price.
The chipmaker’s market capitalization now exceeds Oracle’s, marking a significant shift in the technology sector.
Intel shares have surged higher on growing optimism about a possible partnership with Apple.
Analysts point to Intel’s potential role in manufacturing chips for Apple’s devices as a key catalyst.
The stock rally brings Intel close to its record market cap reached in 2000, during the dot-com era.
Intel’s recent gains reflect broader investor confidence in its turnaround strategy under new leadership.
The company has focused on expanding its foundry business and competing with rivals like TSMC and Samsung.
Oracle, meanwhile, has seen its market value hold steady but lag behind Intel’s upward momentum.
Market watchers see Intel’s resurgence as a sign of renewed strength in the semiconductor industry.
The stock’s climb has outpaced many peers, drawing attention from both retail and institutional investors.
