Trump says Apple to work with Intel to manufacture chips in US
AAPL
Supply Chain, Manufacturing, Semiconductors
Neutral
Apple has agreed to work with Intel to design and build chips in the United States, according to a post by President Donald Trump on Truth Social. The announcement signals a potential shift in Apple's chip manufacturing strategy toward domestic production.
A preliminary deal between Intel and Apple to produce some chips had reportedly been in discussion for over a year, with an earlier report indicating the two companies had reached an initial agreement. Neither Apple nor Intel immediately responded to requests for comment on the latest development.
Why it matters
A domestic chip manufacturing partnership with Intel could affect Apple's supply chain costs, geopolitical risk exposure, and long-term control over its custom silicon roadmap. Investors will watch for any impact on margins and Apple's established relationship with TSMC.
Key facts
President Trump announced via Truth Social that Apple agreed to work with Intel to design and build chips in the US. • A preliminary deal between Intel and Apple had reportedly been under discussion for more than a year. • Apple and Intel did not immediately respond to requests for comment. • The arrangement would represent a move toward domestic chip manufacturing for Apple.