The companies have not yet confirmed the news.
In an article on Truth Social, Donald Trump claims that Apple has finalized a deal with Intel to design and manufacture chips in the United States. In previous months, reports emerged that the companies had already signed a preliminary agreement for the partnership, but they have not yet confirmed the news. “Stupid presidents took our economy for granted and let Taiwan and others steal our semiconductor factories,” Trump said in his message.
The Wall Street Journal reported in May that the companies had reached some sort of deal for Intel to produce some of the chips powering Apple devices in the United States. Commerce Secretary Howard Lutnick reportedly met with Apple executives several times over the course of a year to convince them to do business with Intel again. Apple and Intel had a close relationship until the latter switched to local silicon, manufactured primarily by Taiwanese company TSMC. Ming-Chi Kuo, a famous Apple analyst, then reported a few days later that the iPhone maker had already started testing systems-on-a-chip based on Intel’s 18A-P process.
Kuo said at the time that Intel would test production of Apple’s processors throughout 2026 before beginning actual production and delivery next year. Intel is expected to make chips for Apple’s iPhones and Macs at its manufacturing plants in Oregon, Arizona and Ohio. Even if Apple starts working with Intel, TSMC will still do most of its chip manufacturing.
“We decided to help Intel in exchange for 10% of their stock,” Trump wrote in his message, likely referring to the fact that his administration was urging Apple to work with Intel. The U.S. government took a 10% stake in Intel in August 2025. Intel announced at the time that the government would “invest $8.9 billion in Intel common stock.” It was funded in part by money previously set aside for Intel under the CHIPS Act, and in part by money allocated to it under the Secure Enclave program.
