Trump says Apple to partner with Intel on US chip design, production
The deal could give Intel a boost as Apple seeks more chip capacity and less reliance on Taiwan-based TSMC, analysts said.
- On Thursday, President Donald Trump announced on Truth Social that Apple Inc. has agreed to work with Intel to design and manufacture chips in the United States, bolstering domestic semiconductor production.
- This collaboration provides Intel with consistent demand from one of the world's largest consumer electronics companies, revitalizing a manufacturing division that has recently lagged behind TSMC.
- Following the announcement, Intel stock rose around 9% in premarket trading, while the President noted Intel's value surged from about $100 billion to over $600 billion since the government's investment nine months ago.
- For Apple, the partnership offers critical diversification for its manufacturing base as it seeks additional chip capacity, reducing reliance on TSMC's production lines in high demand from AI chipmakers.
- Intel recently announced its new generation 18A manufacturing technology has entered initial production, aligning with administration efforts to secure U.S. supply chains and lessen dependence on China.
147 Articles
147 Articles
Donald Trump's announcement of a partnership between Apple and Intel has made the action of the flea manufacturer jump. A deal that yet surprised the main interested parties. ...
Fox Business
The New York LedgerApple to work with Intel on US chip design and production, Trump says
President Donald Trump said Thursday that Apple has agreed to work with Intel on designing and producing chips in the U.S."When I won my Second Term, it was clear America needed its Semiconductor Industry to come back to the U.S.A. We design everything, but we need to BUILD it here, NOW! So I decided to help Intel because we need to design and build our Chips right here in America," Trump wrote on Truth Social.The partnership could help Apple di…
Intel-Apple Chip Deal Sends Tech Stocks Higher
(New York, New York) – Intel gave Wall Street one of the day’s clearest tech stories after President Trump said Apple will work with the company on U.S.-made chips. Intel shares rose sharply Thursday as investors bet that a major Apple relationship could give the chipmaker’s manufacturing comeback real momentum. The reported partnership would put Intel closer to the center of Apple’s future device cycle while reinforcing Washington’s push to bri…
The Epoch Times
tjvnews.comApple to Partner With Intel on US Chip Manufacturing: Trump
President Donald Trump said on June 18 that Apple will partner with semiconductor maker Intel to design and manufacture computer chips in the United States. In an overnight Truth Social post, the president stated that the global economy relies on technology made in the United States, but prior presidents have failed to protect domestic industries with tariffs. “Stupid Presidents took our Economy for granted, and let Taiwan and others steal our S…
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