Apple and Intel to collaborate on U.S. chip design and production, announced by the president

President Donald Trump announced on Thursday that Apple has reached an agreement with Intel to design and produce semiconductor chips in the United States. Trump wrote on his social-media platform that the partnership aligns with his administration’s goal of rebuilding the domestic semiconductor industry.

The collaboration could give Apple an alternative to its primary supplier, Taiwan Semiconductor Manufacturing Company, which has faced high demand from AI-focused chipmakers. Details of the specific chips or products involved have not been disclosed by either company.

Intel’s shares rose in pre-market trading following the announcement. The chipmaker recently began initial production of its 18A-P manufacturing technology and has been seeking additional demand after losing market share to competitors.

The Trump administration previously took a roughly 10% equity stake in Intel and outlined plans to invest billions of dollars in U.S. chip facilities as part of broader efforts to secure domestic supply chains for critical minerals and semiconductors.