How does this partnership affect Intel?

It provides Intel with a major revenue source and helps improve its manufacturing processes and market position.

Why is this deal important for Apple?

It reduces Apple's reliance on overseas manufacturing, especially in Taiwan, and enhances supply chain security.

Have financial details of the deal been announced?

No, financial details and timeline have not been disclosed yet.

Trump says Intel will make chips for Apple in U.S. manufacturing win

President Trump announced that Apple has agreed to work with Intel on chip design and manufacturing in the United States. The partnership is a major win for U.S. manufacturing and could reshape Intel's future as a chipmaker.

June 21, 2026

2 min read

Source: Digital Trends

President Donald Trump announced that Apple (AAPL) has agreed to partner with Intel (INTC) on chip design and manufacturing within the United States. The partnership, revealed during Trump's remarks, represents a significant boost for American manufacturing and could reshape Intel's manufacturing future.

Partnership Details

Specific terms of the agreement, including deal size and timeline, have not been disclosed. The announcement indicates Apple will use Intel as a key chip manufacturing supplier, a strategic shift for Apple, which has recently designed its own chips and relied on manufacturers like TSMC.

Context

The news comes as Intel seeks to regain its position in advanced chip manufacturing after falling behind competitors. For Apple, the partnership could reduce its dependence on overseas manufacturing, particularly in Taiwan, enhancing supply chain security.

What It Means for Investors

If finalized, the deal could provide Intel with a major revenue source and help improve its manufacturing processes. For Apple, it could diversify its supplier base and reduce geopolitical risks. However, caution is warranted until binding details are announced.

Frequently Asked Questions

President Trump announced that Apple will work with Intel to design and manufacture chips in the United States.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.