Harris agrees to potential CNN debate with Trump on Oct. 23
U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks at the Cobb Energy Performing Arts Centre in Atlanta on Sept. 20, 2024. Harris spoke about abortion and reproductive rights in Georgia as she continues to campaign against Republican presidential nominee, former U.S. President Donald Trump.
Joe Raedle | Getty Images News | Getty Images
Vice President Kamala Harris said on Saturday that she would be open to debating former President Donald Trump for a second time in October, ahead of the November U.S. presidential election.
Jen O’Malley Dillon, chair of Harris and vice presidential nominee Tim Walz’s campaign, said in a statement that Harris has accepted CNN’s invitation to a debate on Oct. 23. That would be less than two weeks before the election.
“I will gladly accept a second presidential debate on October 23. I hope @realDonaldTrump will join me,” Harris wrote in an X post.
It isn’t the first time the Harris camp has proposed another match. Shortly after Harris and Trump held a debate hosted by ABC News earlier this month, O’Malley Dillon said Harris was ready for round two against him. But as Harris was raising millions of dollars following the campaign, Trump declined to face her again.
In a post on the Trump Media & Technology Group’s social network, Truth Social, the Republican presidential nominee said there would be “no third debate.”
On Saturday, a Trump campaign spokesperson referred CNBC back to Trump’s Truth Social post about there being no third debate.
“She’s done one debate,” Trump said at a rally in Wilmington, North Carolina, on Saturday. “I’ve done two. It’s too late to do another. I’d love to, in many ways, but it’s too late. The voting is cast.”
The first 2024 debate for Trump was against the current president, Joe Biden. CNN ran the event in June. But Biden struggled on the debate stage. Democratic donors expressed concerns about Biden’s prospects, and Democratic members of Congress called on Biden to end his election bid. In August, Harris accepted the presidential nomination at the Democratic National Convention.
“Donald Trump should have no problem agreeing to this debate,” O’Malley Dillon wrote in her statement. “It is the same format and setup as the CNN debate he attended and said he won in June, when he praised CNN’s moderators, rules and ratings.”
— CNBC’s Rebecca Picciotto contributed to this report.
WATCH: Harris won the debate but didn’t move the needle on voter decisions, says Pimco’s Libby Cantrill
Intel stock held a sharp hike in pretrading on Monday, after the stock surged on Friday when an analyst predicted the chip giant was nearing a deal to supply Apple in 2027.
Shares in Intel rose 10% on Friday after TF International Securities analyst Ming-Chi Kuo posted on X that he expected Intel to begin shipping its lowest-end M processor to Apple as early as second or third quarter 2027.
He said that his latest industry surveys indicate that “visibility on Intel becoming an advanced-node supplier to Apple has recently improved significantly.”
Intel stock fell 0.59% as of 6.26am ET on Monday in early pretrading.
Kuo added that the timeline of the partnership is contingent on the development process after Intel releases its process design kit — the blueprint from which Apple’s engineers can build the chips — which is expected early 2026.
Apple’s silicon chips for its iPhone, iPad and Mac products are currently supplied by TSMC.
In his post, Kuo played down the potential Intel-Apple partnership’s impact on the Taiwanese chip maker, saying that Apple is expected to remain “highly dependent” on the company’s advanced nodes for the “foreseeable future.”
“In absolute terms, order volumes for the lowest-end M processor are relatively small and virtually no material impact on TSMC’s fundamentals or its technology leadership over the next several years.”
Kuo added a deal with Intel would signal strong support from Apple for the Trump administration’s push for its homegrown companies to manufacture in the U.S.
Neither Intel nor Apple immediately responded to a request for comment from CNBC.
‘If Intel pulls it off, there is potential to win higher volume and value business from Apple’
Intel’s stock has seen a resurgence over the past 12 months after years of decline. Share price fell as low as $17.66 in April, before recovering over the past few months.
“Apple is a potential major reference customer whose presence validates Intel’s high-performance foundry offering,” Paul Markham, investment director at GAM Global Equities, told CNBC.
“If Intel pulls it off, there is potential to win higher volume and value business from Apple, for example CPU production for the iPhone, and win business from other large chip designers.”
Intel has had an up and down relationship with Apple since it first announced the chip giant’s processors would power some products in 2005. The iPhone maker transitioned away from the company’s processors at the start of the 2020s.
Last week Intel was on the subject of a lawsuit filed by TSMC, in which it alleged one of its former senior vice president had leaked “confidential information” to the company. Intel did not immediately respond to CNBC’s request for comment at the time.
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