According to Briefing.com this morning Apple may be forming a foundry relationship with Intel. Citigroup is the source of this comment and would review such a relationship as positive for Intel. No kidding. We wrote about this in detail on May 30 providing our reasoning behind this guess. Read the full article here . We also went further to tell you to buy Intel below $21.70 in one of our tweets. I’m not as comfortable though about the price levels for Intel as most market charts have deteriorated so much. Still, this news will be very positive should and when it happens. We do own a small amount of Intel. No Apple as of the moment, though.
