Trump Claims Apple-Intel Pact to Bring US Chipmaking Home
TL;DR
Trump asserted on Truth Social that Apple and Intel have closed a deal to design and manufacture chips in the United States, though neither company has confirmed the news; prior reporting described a preliminary agreement for Intel to produce Apple processors at U.S. fabs in Oregon, Arizona, and Ohio, with TSMC remaining a major supplier. Production tests were expected in 2026 with full production later, and the US government reportedly holds a 10% stake in Intel tied to CHIPS Act funding.
- Trump Claims Apple And Intel Closed Deal To Manufacture Chips In The US Engadget
- Intel gains 7% after Trump says company will partner with Apple on U.S. chip design CNBC
- Intel shares jump after Trump says Apple will work with chipmaker on US production Yahoo! Finance Canada
- Tim Cook says iPhone prices will rise. Trump says Apple will make US chips with Intel CNN
- Intel Shares Soar After Trump Says It Struck Apple Chip Deal Bloomberg.com
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