President Donald Trump announced on Truth Social that Apple and Intel have agreed to collaborate on designing and manufacturing computer chips within the United States.
The partnership follows more than a year of discussions that led to a preliminary deal for Intel to produce some chips for Apple. While neither company has publicly discussed the agreement, the move helps Apple diversify its manufacturing base and seek more chip capacity. Apple has relied heavily on TSMC, which faces high demand from AI chipmakers such as Nvidia and AMD.
This agreement would be a significant win for Intel, which has struggled in recent years to secure big-name customers for its most advanced node technology. Intel also sold a 10 percent stake to the U.S. government last year.