Super Micro Computer shares rose more than 10% on Thursday.
President Donald Trump announced a new U.S. chip manufacturing partnership between Apple and Intel on Truth Social. The collaboration focuses on designing and building chips within the United States to boost domestic production.
Intel shares jumped over 10% following the announcement. Securing Apple as a foundry customer validates Intel’s manufacturing strategy and helps Apple diversify its supply chain away from TSMC.
The news triggered a significant rally across the semiconductor sector. Investor optimism for the AI server and infrastructure ecosystem drove the surge in related stocks like Super Micro.