Trump: Apple & Intel Team Up for US Chip Production & Design Boost
Trump: Apple & Intel Team Up for US Chip Production & Design Boost
Former President Trump announced Apple's partnership with Intel to boost US chip design and production. This major move aims to secure critical supply chains, leverage Intel's advanced 18A tech, and reduce reliance on fo
Former President Donald Trump has revealed a significant collaboration between technology giant Apple and semiconductor leader Intel, aimed at bolstering US-based chip design and production capabilities. This strategic partnership is poised to provide Intel with a steady stream of demand from one of the world's largest consumer electronics companies, a crucial boost for its reputation and manufacturing business, which has reportedly lagged behind competitors like TSMC in recent years.
This announcement comes shortly after Intel disclosed that its new generation manufacturing technology, 18A, has entered its initial production phase, signaling strong demand for its central processors. The move aligns with broader efforts to fortify US supply chains for critical minerals and semiconductors, reducing the nation’s dependence on foreign manufacturing, particularly from China.
The Trump administration had previously demonstrated a vested interest in strengthening domestic chip production, taking a 10% stake in Intel last year and outlining plans to invest approximately $10 billion in the chipmaker. These investments were earmarked for building or expanding US factories. Trump had even commented that he "should have asked for more" of a stake in Intel, eight months after the government's position in the company had grown to be worth over $50 billion.
This partnership between Apple and Intel underscores a concerted drive to enhance the domestic semiconductor industry, aiming for greater national security and economic resilience by ensuring a robust, in-country supply chain for essential technological components.
