TSMC founder Morris Chang has revealed that Apple CEO Tim Cook rejected Intel as an iPhone chip manufacturing partner in 2011, and told him

TSMC and Apple's partnership hasn't always been certain, with a new interview detailing how the company fended off an attempt by Intel to become Apple's chip foundry partner in 2011.

Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, while Intel’s adjusted earnings and revenue top analysts’ estimates. Exxon Mobil and Chevron are scheduled to report quarterly earnings Friday.

Apple reportedly once considered Intel as a partner for iPhone chip production, but per TSMC’s founder, the company didn’t impress Tim Cook.

Get an exclusive 15% discount on Saily data plans! Use code APPLEEXPLAINED at checkout. Download Saily app or go to <a href=" ⛵ ________________________ You may’ve recently discovered that Apple stopped using Intel chips in their computers.

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Dow, S&P 500, and Nasdaq futures are rising in premarket trading Friday as the stock market waits for news on President Donald Trump's threats to apply tariffs on Mexico, Canada, and China. Also PCE inflation data are due.

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The good news about chip stock Intel (INTC) is that it can still get high-profile clients interested in using Intel’s processors to drive new

TSMC founder says Apple chose TSMC over Intel as their custom chips supplier was because "Intel just does not know how to be a foundry."

Intel's future is uncertain after CEO's retirement, raising questions about potential split and financial advantage. Read more on INTC stock here.