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President Donald Trump announced on Thursday that Apple has agreed to collaborate with Intel on designing and manufacturing chips within the United States.
In a post on Truth Social, Trump stated that after winning his second term he recognized the need to bring the semiconductor industry back to the United States. He emphasized that while the nation designs technology, it must also build it domestically, and therefore he chose to support Intel to facilitate domestic chip design and production.
This collaboration could enable Apple to broaden its manufacturing base and secure additional chip capacity. The company currently depends heavily on Taiwan Semiconductor Manufacturing Company (TSMC), which operates advanced production lines that are in high demand from AI‑focused chipmakers such as Nvidia and Advanced Micro Devices.
Apple has agreed to work with Intel on designing and producing its chips in the United States. (Win McNamee/Getty Images / Getty Images)
Intel’s shares rose in premarket trading following the announcement.
Trump remarked that the world’s foundational technology was created in America and recalled the ‘Intel Inside’ brand, asserting that previous administrations neglected the economy and allowed Taiwan and other nations to dominate semiconductor manufacturing.
Intel has entered into a preliminary agreement to produce certain chips for Apple after more than a year of negotiations. Neither company has disclosed the specific chips or products that will be involved.
The partnership will enable Apple to diversify its manufacturing base and secure additional chip capacity. (REUTERS/Joshua Roberts/File Photo / Reuters Photos)
An agreement with Apple would provide Intel with a reliable demand source from a leading consumer electronics firm, helping offset its recent decline relative to TSMC.
Earlier this week, Intel announced that its next‑generation 18A‑P manufacturing process had begun initial production, supporting the rising demand for advanced processors.
In the previous year, the Trump administration acquired roughly a 10% equity stake in Intel and announced plans to invest billions of dollars to expand its U.S. manufacturing facilities.
The administration’s 10% stake in Intel, announced last year, is accompanied by a commitment to invest approximately $10 billion to construct or expand its U.S. factories. (Getty Images / Getty Images)
The administration’s roughly 10% stake in Intel, announced last year, includes plans to invest billions of dollars to build or expand factories in the United States.
Trump noted that he should have sought a larger stake in Intel after its value increased sharply, and he questioned, ‘When was the last time a President made America money?’
The administration is intensifying efforts to secure U.S. supply chains for critical minerals and semiconductors, including through equity investments in companies to reduce dependence on China.
Reuters contributed to this report.