# Chipmakers Advanced Micro Devices and Intel notched gains of about 25%.

*semiconductor · news · 2026-05-08 · CNBC*

## Key points

- Micron surpassed an $800 billion market cap for the first time this week.
- CPUs are regaining prominence due to the rise of AI agents, not just chatbots.
- Corning signed a new deal with Nvidia for three U.S. factories dedicated to optical technologies.
- Intel and Apple have reached an agreement for Intel to manufacture some processors for Apple devices.
- Analysts note the semiconductor rally exceeds the magnitude seen during the 1999 dot-com bubble.

**Companies:** Nvidia, Apple, Advanced Micro Devices, Intel, Micron, Samsung, SK Hynix, Corning
**Countries:** United States, South Korea

[Read the full story on CNBC](https://www.cnbc.com/2026/05/08/wall-street-ai-chip-love-moves-from-nvidia-to-intel-amd-and-micron.html)

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