Intel Corp. shares rose about 10% [1] Thursday after President Donald Trump said the company will partner with Apple Inc. to design and build chips in the U.S.
The development marks a significant shift in domestic semiconductor manufacturing. By aligning one of the world's largest chip designers with a primary U.S. manufacturer, the deal aims to reduce reliance on foreign fabrication, and bolster the national tech supply chain.
President Trump shared the announcement on Truth Social, saying that Intel would collaborate with Apple on U.S.-based chip design [1]. The news triggered an immediate positive reaction from investors, who said the partnership was a catalyst for Intel's growth prospects [1].
While the stock market responded to the specific Apple partnership, other analysts pointed to broader trends. A segment from Bloomberg Television said that Intel is benefiting from a wider push for made-in-America AI chips [2]. This suggests that the company's gains may be tied to both the specific Apple deal and a general trend toward domesticating high-end technology production.
Intel has been working to position itself as a primary foundry for other tech giants. A partnership with Apple, which has historically designed its own proprietary silicon, would represent a major victory for Intel's foundry services and its ability to meet the rigorous technical standards of Apple's hardware.
The announcement comes amid a broader effort by the administration to incentivize the return of critical manufacturing to the U.S. The move is intended to secure the production of semiconductors, which are essential for everything from smartphones, to advanced artificial intelligence systems [1].
“Intel stock rose about 10% after President Trump announced the company will partner with Apple.”
This partnership signals a strategic pivot for Apple, which has traditionally relied on overseas fabrication, and a validation of Intel's efforts to compete as a foundry. If successful, the collaboration could accelerate the shift of semiconductor manufacturing back to the U.S., potentially lowering geopolitical risks associated with the global chip supply chain.
