Overview
- President Trump said on Truth Social on June 18 that Apple has agreed to partner with Intel to design and make chips in the United States, a claim the companies have not immediately confirmed.
- The announcement publicizes an earlier Wall Street Journal report of a preliminary Apple‑Intel deal and follows Intel’s statement this week that its 18A manufacturing node entered initial risk production.
- The administration previously converted roughly $8.9 billion in federal funding into about a 10 percent stake in Intel to support U.S. factories, a move officials say helped spur the company’s recent surge in value and stock price.
- Industry experts caution that shifting advanced chipmaking to the U.S. is technically hard because building leading‑edge nodes requires years of R&D, high yields and large scale, so reported partnerships do not guarantee rapid reshoring.
- Taiwan’s long‑term investment and TSMC’s foundry model created today’s concentrated global capacity, which the White House says it is trying to counter to strengthen supply chains for consumer devices, AI and national security.