Chipmakers jump as Apple-Intel pact touted for U.S. chip production

US chip stocks rose in premarket trading after President Trump claimed Apple will work with Intel to design and manufacture chips in the United States. Intel jumped about 8.9% in premarket trading, with Nvidia, AMD and Broadcom up roughly 1–3%, and peers like ARM, Microchip, Applied Materials and Micron higher by about 2.8–5%. Semiconductor ETFs also advanced (iShares up ~3.9%, VanEck ~3.3%, Roundhill Memory ~6.2%), as the news ties into Intel’s 18A-P fabrication progress and a broader push to bring chip manufacturing back home.