Trump says Apple has agreed to 'build' chips with Intel — neither company confirms deal as Intel share price rockets

President Donald Trump said on Thursday that Apple has agreed to work with Intel to “design and build” chips in the United States.
The statement comes amid ongoing political pressure to re-shore critical manufacturing capabilities, especially in strategic sectors like semiconductors.
A potential collaboration between two major US tech giants to build chips domestically could significantly alter the global semiconductor landscape and reduce reliance on overseas production.
The explicit re-commitment to domestic chip design and manufacturing by influential US companies, if confirmed, would mark a tangible step towards supply chain resilience and national technological autonomy.
- · Intel
- · US domestic manufacturing
- · Apple (in terms of political goodwill)
- · Taiwanese foundries (long term)
- · Non-US chip manufacturers
Intel's stock price experienced a short-term surge due to the announcement, indicating investor confidence in such a partnership.
Increased domestic chip production could lead to more competitive pricing and reduced lead times for US tech companies.
This move, if successful, could spur other nations to invest more heavily in their own domestic semiconductor manufacturing capabilities, leading to increased global fragmentation of the supply chain.
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Read at Tom's Hardware