Intel Macs Phase Out as Apple Moves to New Operating Systems

Intel's stock surged over 8% after reports indicated that support for Intel processors in Apple Macs will end with the new MacOS Tahoe, marking the conclusion of Apple's five-year migration from Intel to its own processors. Despite this, Intel's shares gained due to positive developments in US-China trade talks and Department of Defense cybersecurity initiatives. However, analysts maintain a cautious outlook with a hold consensus and a modest downside risk, reflecting ongoing challenges for Intel.