Trump Announces Apple-Intel Chip Manufacturing Partnership in U.S.

Executive Briefing

• Announces Apple has agreed to work with Intel to design and manufacture chips domestically, per Trump's Truth Social post.
• Represents a major customer win for Intel Foundry, which has struggled to compete with TSMC for top-tier clients.
• Builds on prior U.S. government investment of roughly $10 billion and a 10% stake in Intel to boost domestic semiconductor output.
• Intel's 18A-P process has entered risk production, with Tesla and potentially Nvidia also joining as foundry customers.
• Neither Apple nor Intel has officially confirmed the partnership or commented publicly on Trump's announcement.