Intel shares rose after President Donald Trump announced a new partnership under which Apple will work with Intel to design and produce chips in the United States. The move was outlined at a White House event and reported in technology coverage that highlighted it as part of a broader effort to expand domestic semiconductor manufacturing.
Reuters reports that the partnership will see Apple and Intel collaborate on advanced processors aimed at data‑centre and AI workloads, with production to take place at Intel’s US facilities. The announcement comes against a backdrop of existing US subsidy programmes for chip plants, as well as separate export‑control measures targeting high‑end semiconductor sales to China.
Coverage notes that investors responded positively to the news, with Intel’s share price gaining after the announcement. Commentators have framed the deal as a potential boost to Intel’s foundry ambitions and as an expansion of Apple’s options for securing long‑term chip supply beyond its current manufacturing partners.
The reported aim is to help ensure that key parts of the AI and high‑performance computing hardware stack are available from US‑based production lines, in line with existing US industrial‑policy goals around semiconductors. Further details on timelines, chip specifications and initial production volumes have not yet been published.
