Donald Trump Confirms Intel and Apple’s Partnership for U.S. Chip Manufacturing
Thursday, 18 June 2026, 14:28
Trump's Announcement on Intel and Apple Collaboration
Intel shares experienced a notable rise on Thursday following a statement from President Trump via social media. He stated that Intel will be collaborating with Apple to design and manufacture chips in the United States. This partnership is poised to drive innovation in chip-making and bolster domestic production.
Impact on Intel’s Stock
- Intel's stock surged by $12.72, equivalent to 10.5%, reaching $133.82 shortly after the market opened.
- Analysts are anticipating a strong performance from Intel as it leverages this collaboration.
Reactions from the Companies
While Apple did not provide immediate comments regarding this development, Intel has remained silent about the collaboration specifics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.