Trump Says Apple Will Make Chips in U.S. With Intel

Overview

• President Donald Trump posted on Truth Social that Apple has agreed to work with Intel to design and manufacture Apple chips in the United States and that Intel has won foundry links with NVIDIA and Terafab.
• The Wall Street Journal reported in May that Intel and Apple had reached a preliminary agreement for Intel to make some Apple chips, a detail cited by current accounts of the deal.
• The announcements in the coverage come from the president’s social post and prior reporting and do not include direct, independent confirmation from Apple, Intel, NVIDIA or Terafab.
• The U.S. government converted $8.9 billion in unpaid Chips Act subsidies into roughly a 10% equity stake in Intel in 2025, a policy move that reporters and officials say factors into current onshoring efforts.
• If the deal is real, it could reduce Apple’s dependence on Taiwan-based foundries such as TSMC, boost U.S. chipmaking capacity and affect supply chains and jobs, but market reaction and formal company statements will be needed to verify details.