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Intel surges 9% after Trump says company will partner with Apple on U.S. chip design

CNBC · Jun 18, 2026, 9:18 AM · Also reported by 4 other sources

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  • Intel's stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.
  • "Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories," Trump said in a post on Truth Social.

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Intel's stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.

"Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories," Trump said in a post on Truth Social. "Apple has agreed to work with Intel to design and build its Chips in America."

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