U.S. President Trump announced via the social media platform Truth Social that Apple has entered into an agreement with Intel to collaborate on the design and manufacturing of chips within the United States. Trump criticized past policies, attributing them to the decline of semiconductor manufacturing in the U.S., and underscored the urgency of re-establishing a robust domestic industrial chain. Following this announcement, Intel’s pre-market stock price experienced a significant surge, rising by more than 7%. During the Trump administration, there was support for Intel to bolster its chip research and development, as well as manufacturing capabilities, through a 10% stake acquisition in the company. At that time, Intel's market capitalization stood at around $100 billion, but it has now soared to over $600 billion. This partnership is poised to assist Apple in diversifying its supply chain, lessening its dependence on TSMC, and bolstering Intel's standing in the market as a premier foundry service provider.
