Trump: Apple and Intel to Partner on US Chip Production

By EC Assets · Published 18 June 2026

U.S. President Donald Trump stated that Apple will partner with Intel to design and build chips in the United States. Trump made this announcement in a Truth Social post on Thursday. This collaboration aims to manufacture chips domestically. The agreement between Apple and Intel involves both the design and production phases of chip manufacturing. A partnership with Intel assists Apple in diversifying its manufacturing base. This also helps Apple secure additional chip capacity. Apple currently relies significantly on TSMC for its chip supply. The move towards Intel and US production could lessen this reliance. Shares of Intel rose 9% following Trump's statement. No specific details regarding the partnership were provided by Trump in his social media post. Neither company has commented on the announcement yet. This article is intended for informational purposes only. It does not constitute investment advice.