Trump says Apple to partner with Intel on US chip design, production
John Ternus became Apple CEO on September 1, 2026, succeeding Tim Cook who remains executive chairman. This leadership transition occurs as Apple pursues a partnership with Intel to design and produce semiconductors within the US. President Donald Trump tied this domestic manufacturing shift to the avoidance of 100% tariffs on chips. While Apple manages this transition, other industry players are diversifying, with Xiaomi launching its Xring O3 processor via TSMC and Nvidia investing $3.5 billion in MediaTek to expand AI infrastructure and automotive collaboration.
What changed
John Ternus officially took over as Apple CEO on September 1, 2026.
Live updates
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Apple leadership shifts as US chip partnership with Intel continues
John Ternus became Apple CEO on September 1, 2026, succeeding Tim Cook who remains executive chairman. This leadership transition occurs as Apple pursues a partnership with Intel to design and produce semiconductors within the US. President Donald Trump tied this domestic manufacturing shift to the avoidance of 100% tariffs on chips. While Apple manages this transition, other industry players are diversifying, with Xiaomi launching its Xring O3 processor via TSMC and Nvidia investing $3.5 billion in MediaTek to expand AI infrastructure and automotive collaboration.
Why it matters
The US government is pushing to reverse the concentration of semiconductor production in Taiwan. Apple's move toward Intel is a strategic response to tariff threats and national security goals. The transition from Cook to Ternus is the first CEO change at Apple since 2011.
What is confirmed
- John Ternus assumed the role of Apple CEO on September 1, 2026.
- Tim Cook ended his 15-year tenure as CEO on August 31, 2026, and transitioned to executive chairman.
- Apple's board unanimously approved the succession plan in April.
- President Donald Trump stated companies can avoid 100% tariffs on chips by committing to US manufacturing.
Still unconfirmed
- Xiaomi launched the Xring O3 smartphone processor using TSMC's 3nm process.
What to watch next
- Confirmation of Intel's production capacity milestones compared to TSMC
- Official Apple announcements regarding the Intel partnership under John Ternus
- Implementation of the 100% tariffs on non-US produced chips
confidence 90%Sources used for this update (4)
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Trump announces Apple and Intel partnership for US chip production
President Donald Trump announced that Apple will partner with Intel to design and produce semiconductors inside the United States. This initiative aims to rebuild the domestic semiconductor base to reverse the shift of production capacity to Taiwan. Trump stated that companies can avoid 100% tariffs on chips if they commit to US manufacturing. While Intel shares have quadrupled, the company has not yet proven it is a serious manufacturing competitor to Taiwan's TSMC.
Why it matters
The US government is using tariff threats to force semiconductor production away from foreign dependencies. This move occurs amid ongoing US-China rivalry and efforts to secure the domestic supply chain.
Still unconfirmed
- Apple will partner with Intel to design and manufacture chips within the United States.
- The US must rebuild its semiconductor base after previous administrations allowed capacity to shift to Taiwan.
- Companies can avoid 100% tariffs on chips by committing to US manufacturing.
- Intel shares have quadrupled.
- Intel has yet to prove itself a serious manufacturing competitor to Taiwan's TSMC.
What to watch next
- Official confirmation of the partnership from Apple or Intel.
- Specific timelines for the commencement of US-based chip production.
- Detailed terms of the tariff exemptions for companies manufacturing in the US.
confidence 60%Sources used for this update (4)
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Trump Announces Apple and Intel Partnership for US Chip Production
President Donald Trump announced that Apple will partner with Intel to design and manufacture chips within the United States. Trump stated the US must rebuild its semiconductor base after previous administrations allowed capacity to shift to Taiwan. Companies can avoid 100% tariffs on chips by committing to US manufacturing.
What's confirmed:
- President Donald Trump announced on Truth Social that Apple agreed to make its chips in the United States with Intel.
- Trump argued the US must rebuild its semiconductor manufacturing base because previous administrations allowed capacity to shift overseas, specifically to Taiwan.
- Companies can avoid 100% tariffs on semiconductor chips if they commit to building manufacturing in the US.
Still unconfirmed:
- Confidential documents regarding iPhone 18 Pro components were leaked following a ransomware attack on Tata Electronics.
confidence 90%Sources used for this update (7)
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Apple and Intel to Partner on US Chip Production
President Donald Trump announced that Apple will work with Intel to design and manufacture chips in the United States. While the deal aims to increase domestic semiconductor capacity, analysts warn that production is years away. Intel stock rose 10% following the announcement.
What's confirmed:
- President Donald Trump announced that Apple agreed to work with Intel to design and manufacture chips in the U.S.
- Analysts state that advanced Intel chips will take two to three years to produce.
- Intel stock rose 10% after the announcement.
Still unconfirmed:
- The deal is intended to reduce Apple's dependence on TSMC.
confidence 90%Sources used for this update (7)
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- Apple-Intel chip deal makes strategic sense but production is years away
- Trump says Apple to partner with Intel on US chip design, production
- Apple-Intel chip deal makes strategic sense but production is years away
- Apple-Intel chip deal faces years-long production timeline
- Apple-Intel Chip Deal: Production Still Years · iCharles
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Trump Announces Apple and Intel Partnership for US Chip Production
President Donald Trump stated that Apple agreed to collaborate with Intel on chip design and manufacturing within the United States. This partnership is intended to reduce Apple's dependence on TSMC. Neither company has formally announced the deal.
What's confirmed:
- President Trump said Apple agreed to work with Intel on chip design and manufacturing in the U.S.
- The move aims to decrease Apple's reliance on TSMC.
- Neither Apple nor Intel has formally announced the arrangement.
Still unconfirmed:
- Intel reached a preliminary deal to make some chips for Apple after more than a year of discussions.
confidence 90%Sources used for this update (4)
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Trump Claims Apple and Intel Partner for US Chip Production
President Donald Trump posted on Truth Social that Apple will work with Intel to design and produce chips in the US. This move aims to help Apple find more chip capacity and reduce its reliance on TSMC. Neither company has publicly discussed the arrangement.
What's confirmed:
- President Donald Trump stated on Truth Social that Apple agreed to work with Intel on chip design and manufacturing in the United States.
- Apple seeks additional chip capacity and a more diverse manufacturing base to reduce its heavy reliance on TSMC.
- TSMC production lines face high demand from AI chipmakers including AMD and Nvidia.
Still unconfirmed:
- Intel sold a 10 percent stake to the US government last year.
confidence 80%Sources used for this update (6)
- Trump says Apple to partner with Intel on US chip design, production
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- Trump says Apple to partner with Intel on US chip design, production
- Trump says Apple to partner with Intel on US chip design, production ...
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Trump claims Apple and Intel partnered for domestic chip production
President Donald Trump stated that Apple is partnering with Intel's foundry division to manufacture chips in the US. Intel stock rose following the announcement. Neither Apple nor Intel has officially confirmed the agreement.
Still unconfirmed:
- Apple has partnered with Intel's foundry division to produce chips domestically.
- Intel stock rallied due to President Trump's announcement regarding Apple.
- Wall Street remains cautious about Intel shares.
confidence 50%Sources used for this update (3)
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Trump claims Apple and Intel will partner on US chip production
President Donald Trump announced Thursday that Apple and Intel agreed to design and build chips in the United States. Neither company has confirmed the deal. Separately, Apple CEO Tim Cook stated the company is raising product prices to offset rising chip costs.
What's confirmed:
- President Donald Trump announced Thursday that Apple has agreed to work with Intel to design and build chips in the United States.
- Apple CEO Tim Cook told The Wall Street Journal that Apple is raising product prices to counteract rising memory and storage chip costs.
Still unconfirmed:
- Apple and Intel have officially struck a deal to partner on chip production.
confidence 80%Sources used for this update (5)
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- Apple to work with Intel on US chip design and production, Trump says
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Trump Announces Apple and Intel Partnership for U.S. Chip Production
President Donald Trump stated on Thursday that Apple and Intel have agreed to partner on the design and production of computer chips within the United States. The announcement triggered a rally in Intel shares. The move is intended to bring chipmaking back to the U.S. and reduce Apple's reliance on TSMC.
What's confirmed:
- President Donald Trump announced on Thursday that Apple will partner with Intel to design and produce computer chips in the United States.
- Intel shares rose 9% following the announcement.
Still unconfirmed:
- Trump will help Intel in exchange for a 10% stake.
confidence 90%Sources used for this update (20)
- Trump says Apple to partner with Intel on US chip design, production
- Intel rises 9% after Trump says company will partner with Apple on U.S. chip design
- Trump says Apple agreed to work with Intel to make chips in the US
- Apple and Intel join forces in Trump’s push to bring chipmaking home
- Intel rose more than 5% in after-hours trading after Trump posted that he would help Intel in exchange for a 10% stake.
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