Apple picks Intel for US chip production and warns of memory shortages — ride the hardware supply chain wave
Intel just scored a massive win by partnering with Apple to make chips in the US. At the same time, Apple is warning that memory chip prices are going up, which sent SanDisk and Western Digital soaring.
Idea
Intel securing the Apple contract validates their domestic manufacturing turnaround story and brings sudden investor confidence to the stock. The ripple effect of Apple's supply chain shifts means money is actively rotating into other hardware and memory suppliers like SanDisk and Western Digital. When an industry giant like Apple makes structural changes to where it builds and buys parts, the suppliers involved typically see a multi-week wave of enthusiasm. You can ride this momentum by grabbing shares of Intel and these key memory suppliers while the news is fresh and the trend is just starting.