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Trump says Apple to partner with Intel on US chip design, production | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Trump says Apple to partner with Intel on US chip design, production | The Express Tribune

Trump says Apple to partner with Intel on US chip design, production | The Express Tribune

Trump administration took ​a 10% stake ​in Intel, announced plans to invest roughly $10b to build US factories

Intel and Apple logos are seen in this illustration taken September 24, 2025. PHOTO: REUTERS

US President Donald Trump said in a Truth Social post on Thursday ​that Apple has agreed to work with Intel to ‌design and manufacture its chips in the United States.

A partnership with Intel helps Apple diversify its manufacturing base as it seeks additional chip capacity. The iPhone ​maker relies heavily on TSMC, whose advanced production lines ​are in high demand from AI chipmakers such as ⁠Nvidia and AMD.

Intel reached a preliminary deal to make some chips ​for Apple after more than a year of discussions, the Wall ​Street Journal reported in May.

Apple and Intel did not immediately respond to a Reuters request for comments outside regular business hours.

An Apple contract gives Intel a steady ​demand from one of the world’s largest consumer electronics companies, ​boosting both its reputation and its manufacturing business that has lagged TSMC ‌in recent years.

Earlier this week, Intel said a new generation of its manufacturing tech 18A, has entered its initial production, as the chipmaker sees strong demand for its central processors.

Read: Apple tries again on AI, turns to Google for help

Last year, the Trump administration took ​a 10% stake ​in Intel ⁠and announced plans to invest roughly $10 billion in the chipmaker to build or expand US factories.

Trump ​previously said he “should have asked for more” of a ​stake ⁠in Intel, eight months after the government’s Intel position grew to be worth more than $50 billion.

The administration has been stepping up efforts to ⁠secure ​US supply chains for critical minerals and ​semiconductors, including taking equity stakes in companies to reduce reliance on China.

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