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Intel spikes 15% to a record high on a report that it's in talks with Apple for a chipmaking partnership

Justin Sullivan/Getty Images

  • Intel stock rose by double digits to a fresh record high on Tuesday.
  • The move came after a report of talks with Apple for a chipmaking partnership.
  • Intel eclipsed its dot-com era peak last week after strong earnings.

The move: Intel stock surged on Tuesday, up as much as 15% to $110.48.

The gains took the stock to a fresh all-time high, crushing its latest record following the US chipmaker's blockbuster sales forecast during its quarterly earnings report last week.

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