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Business
Trump Claims Apple to Partner Intel for US Chip Design & Manufacturing
✍️ Times of India
🗓 18 Jun 2026, 07:01 PM
👁 18
Former US President Donald Trump announced a reported partnership between Apple and Intel to design and manufacture semiconductors within the United States, aiming to bolster domestic production.
Former US President Donald Trump has announced what he described as an 'Apple announcement' concerning a significant partnership with Intel. According to Trump's statement, Apple is set to collaborate with Intel for the design and manufacturing of chips directly within the United States.
This initiative is presented as a move to revitalize the American semiconductor industry and reverse the trend of manufacturing shifting overseas in recent years. The reported collaboration aims to diversify Apple's supply chain, particularly reducing reliance on manufacturing hubs like Taiwan.
Following the news of this potential partnership, Intel's stock experienced a notable increase, indicating a positive market reaction to the announcement.
This initiative is presented as a move to revitalize the American semiconductor industry and reverse the trend of manufacturing shifting overseas in recent years. The reported collaboration aims to diversify Apple's supply chain, particularly reducing reliance on manufacturing hubs like Taiwan.
Following the news of this potential partnership, Intel's stock experienced a notable increase, indicating a positive market reaction to the announcement.