US chip stocks gain after Apple-Intel partnership
Intel shares have surged following an announcement by President Trump that Apple will partner with the company for domestic chip design and manufacturing. Investors are also reacting to the 18A/18A-P advanced chip process entering risk production. These developments have pushed Intel stock near $140.
What changed
New reports indicate a 250% rally in Intel stock and progress on the 18A-P chip process.
Live updates
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Intel Stock Rallies Following Apple Partnership and Process Milestones
confidence 90%Intel shares have surged following an announcement by President Trump that Apple will partner with the company for domestic chip design and manufacturing. Investors are also reacting to the 18A/18A-P advanced chip process entering risk production. These developments have pushed Intel stock near $140.
What's confirmed:
- President Trump announced that Apple will work with Intel to design and manufacture chips in the U.S.
- Intel's 18A/18A-P advanced chip process has entered risk production.
Still unconfirmed:
- Intel stock has experienced a 250% rally and is trading near $140.
- Intel stock could move higher toward $160.
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Apple and Intel Partner for U.S. Chip Production
confidence 95%Apple and Intel will design and manufacture chips within the United States to diversify supply chains. Intel shares rose over 10% following the announcement. The deal establishes Apple as Intel's largest foundry customer.
What's confirmed:
- Apple and Intel agreed to design and manufacture chips in the United States.
- Intel stock closed up 10.64% at $133.99.
- Mizuho raised its Intel price target to $135.
- Donald Trump announced the partnership via Truth Social.
Still unconfirmed:
- Apple will raise prices across much of its product lineup due to chip costs.
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US chip stocks rise on Apple-Intel domestic production deal
confidence 90%President Trump announced a partnership between Apple and Intel to design and manufacture chips in the United States. Intel shares surged following the news. The US government holds a stake in the chipmaker.
What's confirmed:
- Apple and Intel will collaborate on chip design and production in the United States.
- Intel shares rose after the partnership announcement.
Still unconfirmed:
- The US government's 10% stake in Intel is worth $60 billion.
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Intel Shares Rise After Trump Announces Apple Partnership
confidence 80%President Trump announced on June 18 that Apple and Intel will collaborate to design and build chips in the United States. Intel stock rose between 6% and 10.5% following the news. TSMC will remain Apple's primary supplier.
What's confirmed:
- President Trump announced on June 18, 2026, that Apple and Intel will partner to design and produce chips in the U.S.
- Intel stock increased following the announcement, with reported gains ranging from nearly 6% to 10.5%.
- TSMC will continue as Apple's main supplier.
Still unconfirmed:
- Apple will use the Intel 18A-P process for lower-end chips only starting in 2027.
- Neither Apple nor Intel has formally confirmed the deal.
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Intel Shares Surge Following Apple Domestic Chip Deal
confidence 100%President Trump announced on Truth Social that Apple and Intel will partner for chip design and manufacturing in the United States. Intel shares rose over 9% in pre-market trading after the news. The agreement focuses on domestic operations.
What's confirmed:
- President Trump announced on Truth Social that Apple and Intel reached a partnership to design and manufacture chips domestically in the United States.
- Intel shares surged over 9% in pre-market trading following the announcement.
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US Chip Stocks Rise Following Trump Announcement of Apple-Intel Partnership
confidence 90%President Trump announced that Apple will partner with Intel to design and manufacture chips within the United States. Intel shares surged following the news, and broader US semiconductor stocks gained. Tim Cook stated that iPhone prices will increase.
What's confirmed:
- President Trump stated Apple will partner with Intel for chip design and production in the US.
- Intel shares rose after the announcement.
- US semiconductor stocks climbed in premarket trading on Thursday.
- Tim Cook said iPhone prices will rise.
Still unconfirmed:
- Intel shares surged 10.67% to $134.02 from a previous close of $121.10.
- Intel stock reached around $133 in early trading.