# ASX 200 futures were up 50 points or 0.6 per cent to 8731 near 4.40am AEST.

*fintech · news · 2026-05-05 · Australian Financial Review*

## Key points

- Apple has explored using Intel and Samsung to produce processors for its US devices.
- Intel shares surged over 13 percent following reports of talks with Apple.
- Iran’s recent actions were deemed insufficient to break the ceasefire by US officials.
- The Philadelphia semiconductor index reached a record high, surging 4.7 percent.

**Companies:** Apple, Intel, Samsung Electronics, Advanced Micro Devices
**Countries:** Australia, United States, Iran, United Arab Emirates

[Read the full story on Australian Financial Review](https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-rallies-and-oil-drops-as-ceasefire-holds-20260506-p5zu45)

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