U.S. President Donald Trump has announced that Apple and Intel have reached an agreement to collaborate on the design and manufacturing of semiconductor chips within the United States, in a move aimed at strengthening domestic technology production.
Trump disclosed the development in a post on his Truth Social account on Thursday, noting that the partnership is expected to boost America’s chip-making capacity and reduce dependence on foreign suppliers.
The arrangement is also seen as part of Apple’s broader strategy to diversify its supply chain, as the company continues to rely heavily on Taiwan Semiconductor Manufacturing Company (TSMC), which currently serves as a major producer of advanced chips used by leading artificial intelligence firms such as Nvidia and AMD.
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Following the announcement, Intel shares recorded an increase of about 6.5 per cent in pre-market trading, extending its strong performance so far this year.
Although neither Apple nor Intel has officially confirmed the deal, reports indicate that the two technology giants have been in discussions for over a year, with Intel previously reaching a preliminary agreement to produce certain chips for Apple.
The development comes as Intel continues to expand its manufacturing capabilities, with its 18A chip technology recently entering early production amid growing demand for its processors.
In addition, earlier policy decisions by the U.S. administration included a reported 10 per cent government stake in Intel, alongside plans to invest billions of dollars to expand semiconductor manufacturing infrastructure across the country.
The administration has also intensified efforts to secure critical supply chains, including semiconductors and minerals, as part of its broader economic and industrial strategy aimed at reducing reliance on China.
