Apple Inc. agreed to manufacture chips with Intel in the United States on June 18, 2026. Former President Donald Trump highlighted the deal as a strategic move to diversify Apple's semiconductor supply chain.
The partnership aims to reduce Apple's reliance on Taiwan-based TSMC. This shift seeks to enhance supply chain resilience against global geopolitical tensions and revitalize the U.S. semiconductor industry.
Intel shares rose in premarket trading following the announcement. Separately, Apple signaled price increases for certain products due to rising global memory chip costs.