Trump confirms that Apple will buy chips made by Intel
AI-summarised brief · reviewed before publication
Trump announced that Apple will work with Intel to design and build chips in America, prompting an 8.8% rise in Intel's stock and a 0.6% increase in Apple's. The deal, a substantial multi-year agreement, is believed to concern production of older or lower-end processors, such as M-series chips for iPad Pro and MacBook Air. The partnership follows initial rumors and test production in May 2026. Details on delivery, shipment, and deal worth remain unclear. Intel's entry into limited scale testing of the 18A-P process means full production for Apple won't start until mid-2027. Apple's deal with Intel reduces dependence on Taiwan chip production.
💡 Why It Matters
- · Apple's shift to Intel for older processors frees up TSMC's capacity for newer, high-end chips, ensuring a steady supply for flagship devices.
- · This strategic move helps Apple mitigate the global chip shortage's impact on its product lineup.