President Donald Trump announced on Truth Social that Apple will partner with Intel for domestic chip design and production. The initiative aims to return semiconductor manufacturing to the United States and decrease reliance on foreign suppliers.
Apple seeks to diversify its supply chain away from TSMC as AI chip demand surges. Securing Apple as a customer supports Intel’s goal of competing with industry leaders in contract manufacturing.
Reports of a preliminary agreement between the companies emerged in May following a year of negotiations. The U.S. government acquired a 10% stake in Intel in 2025 to fund domestic factory expansion.