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Updated 2d ago
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Trump says Intel will make chips for Apple in a major win for U.S. manufacturing
President Donald Trump announced that Apple will partner with Intel to design and manufacture computer chips within the United States. The deal aims to strengthen domestic semiconductor production and supply chain resilience. Intel shares rose following the announcement.
What changed
President Trump confirmed a deal for Apple to use Intel for U.S. chip design and production.
Live updates
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Trump Announces Apple and Intel Partnership for U.S. Chip Production
confidence 90%President Donald Trump announced that Apple will partner with Intel to design and manufacture computer chips within the United States. The deal aims to strengthen domestic semiconductor production and supply chain resilience. Intel shares rose following the announcement.
What's confirmed:
- President Trump announced that Apple will partner with Intel on chip design and production in the U.S.
- Intel shares rose after the partnership announcement.
Still unconfirmed:
- Apple will use Intel 18A-P process for lower-end chips only and not flagship silicon.
- Tim Cook stated that iPhone prices will rise.
- Intel stock climbed 10.5% on June 18.