Intel surges 9% after Trump says company will partner with Apple on U.S. chip design
The US government now holds a stake in Intel as part of a deal defended by President Trump. While the chipmaker saw a massive rerating in the first half of 2026, recent market concerns over AI oversupply led to a 9% single-day stock drop. A second-quarter AI rally previously added $2 trillion in value to Intel, AMD, and Micron.
What changed
New reports detail the US government's equity stake in Intel and a subsequent 9% stock decline following a strong first half of the year.
Live updates
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US Government Takes Equity Stake in Intel Amid AI Market Volatility
The US government now holds a stake in Intel as part of a deal defended by President Trump. While the chipmaker saw a massive rerating in the first half of 2026, recent market concerns over AI oversupply led to a 9% single-day stock drop. A second-quarter AI rally previously added $2 trillion in value to Intel, AMD, and Micron.
What's confirmed:
- The US government owns a 9.9% stake in Intel totaling $11.1 billion.
- An AI chip rally in the second quarter added $2 trillion in value to Intel, AMD, and Micron.
- Intel stock fell 9% in a single day after increasing about 270% in the first half of the year.
Still unconfirmed:
- President Trump claims the Intel deal cost zero and represents an $80 billion win.
- President Trump stated he secured a 10% equity stake in Intel to boost the semiconductor sector.
confidence 90%Sources used for this update (9)
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Intel shares rose after Trump announced Apple chip partnership
President Donald Trump stated on June 18 that Apple and Intel will partner to design and manufacture chips in the U.S. Intel stock increased between 9% and 11% following the news. The initiative seeks to expand domestic semiconductor capacity and reduce AI supply disruptions.
What's confirmed:
- President Donald Trump announced on June 18 via Truth Social that Apple will partner with Intel to design and manufacture chips in the U.S.
- Intel stock saw gains between 9% and 11% following the news.
confidence 100%Sources used for this update (3)
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Intel Shares Rise Following Trump Announcement of Apple Partnership
President Donald Trump announced on June 18 via Truth Social that Apple will partner with Intel to design and manufacture chips in the U.S. Intel stock saw gains between 9% and 11% following the news. The move aims to increase domestic semiconductor capacity and mitigate AI-driven supply disruptions.
What's confirmed:
- President Donald Trump announced on Truth Social that Apple agreed to design and manufacture chips in the United States with Intel.
- Intel shares rose following the announcement.
- The partnership is intended to address price pressure and memory supply disruptions linked to AI chip demand.
Still unconfirmed:
- Apple will use the Intel 18A-P process for lower-end chips only.
- Intel stock climbed 10.5%.
- Intel stock jumped roughly 11% on June 18.
- Intel shares jumped 9% in premarket trading.
confidence 80%Sources used for this update (10)
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Intel shares jump 9% following Trump's Apple chip deal claims
Intel stock rose after President Donald Trump posted on Truth Social that Apple agreed to design and build chips in the U.S. with Intel. The market responded with a 9% surge in shares. Neither company has officially confirmed the partnership.
What's confirmed:
- President Donald Trump stated Apple will work with Intel to design and build chips in the United States.
- Intel shares surged following the announcement.
Still unconfirmed:
- Intel stock surged 9%.
- Apple has agreed to a deal with Intel.
confidence 80%Sources used for this update (3)
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Intel Stock Climbs on Apple Partnership and Technical Progress
Intel shares rose after President Trump announced a deal with Apple to design and manufacture chips in the U.S. Investors are also reacting to the company's 18A/18A-P chip process entering risk production. This combination suggests a potential recovery in Intel's foundry capabilities.
What's confirmed:
- President Trump announced that Apple will work with Intel to design and manufacture chips in the United States.
- Intel shares rose on Thursday following the announcement of the Apple partnership.
Still unconfirmed:
- Intel's 18A/18A-P advanced chip process has entered risk production.
- CEO Lip-Bu Tan attracted capital infusions from Nvidia and SoftBank.
confidence 90%Sources used for this update (5)
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- Intel’s new CEO cut management layers in half. The stock is up nearly 500%
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Intel Shares Surge Following Trump Announcement of Apple Partnership
Intel stock rose between 9% and 10% on Thursday after President Donald Trump announced a domestic chip partnership with Apple. The agreement involves the joint design and manufacturing of computer chips within the United States. This development follows a government investment of nearly $9 billion in the chipmaker.
What's confirmed:
- President Donald Trump announced on Thursday that Intel and Apple will partner to design and build computer chips in the United States.
- Intel shares rose 9% in pre-market trading following the announcement.
- Trump posted the announcement regarding the Apple and Intel partnership on Truth Social.
- The U.S. government has provided a multibillion-dollar investment in Intel.
Still unconfirmed:
- Intel stock reached approximately $133 in early trading.
- iPhone prices will rise according to Tim Cook.
- Intel shares jumped by double digits on Thursday.
confidence 95%Sources used for this update (15)
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