Apple and Intel Reach Preliminary Chipmaking Deal, WSJ Says

Overview

• The Wall Street Journal, citing people familiar with the talks, reported Friday that Apple reached a preliminary deal for Intel to manufacture some of its semiconductors, and neither company has confirmed it.
• The specific Apple products or chip types that Intel would build have not been disclosed, leaving the scope of the production unclear.
• Negotiations ran for more than a year, with formal contract terms settled in recent months according to the reporting.
• Sources told the WSJ that the Trump administration encouraged the partnership as part of its push to bring advanced manufacturing back to the U.S.
• Intel is pursuing a turnaround after missing the AI-driven boom, and it received $8.9 billion in U.S. government funding last August to support new manufacturing capacity.