Trump says Apple to partner with Intel on US chip design, production
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US President Donald Trump said in a Truth Social post on Thursday that Apple has agreed to work with Intel to design and manufacture its chips in the United States. A partnership with Intel helps Apple diversify its manufacturing base as it seeks additional chip capacity. The i Phone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD. Intel reached a preliminary deal to make some chips for Apple after more than a year of discussions, the Wall Street Journal reported in May. Apple and Intel did not immediately respond to a Reuters request for comments outside regular business hours. An Apple contract gives Intel a steady demand from one of the world’s largest consumer electronics companies, boosting both its reputation and a manufacturing business that has lagged TSMC in recent years. Earlier this week, Intel said a new generation of its manufacturing tech 18A has entered its initial production, as the chipmaker sees strong demand for its central processors. Last year, the Trump administration took a 10 per cent stake in Intel and announced plans to invest roughly $10 billion in the chipmaker to build or expand US factories. Trump previously said he “should have asked for more” of a stake in Intel, eight months after the government’s Intel position grew to be worth more than $50bn. The administration has been stepping up efforts to secure US supply chains for critical minerals and semiconductors, including taking equity stakes in companies to reduce reliance on China.