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Intel jumps nearly 9% premarket after Trump cites Apple U.S. chip deal

Intel shares jumped nearly 9% in premarket trading after President Donald Trump said in a Truth Social post that the company struck a deal with Apple to design and build chips in the United States. Other chipmakers also moved higher, with Marvell Technology up nearly 7% and Lam Research and Applied Materials each rising about 5%. Memory-related names advanced as well, including Western Digital up 5.6% and Micron Technology and Sandisk each up about 4%. The report also said falling oil prices lifted cruise operators, while SpaceX fell on a technical pullback after a recent surge rather than fresh fundamentals.
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