Truth Social

Truth

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Apple

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<h3 id="quick-summary">Quick Summary</h3>
<ul>
 <li>Trump disclosed on Truth Social that Apple has committed to collaborating with Intel for U.S.-based chip design and production.</li>
 <li>Intel shares jumped more than 7% during premarket hours, reaching $129.84 — a potential record high.</li>
 <li>The partnership between Apple and Intel was initially disclosed by the Wall Street Journal in May following extended negotiations.</li>
 <li>Intel’s valuation has quadrupled since the federal government acquired a 10% ownership position in August of last year.</li>
 <li>Both Apple and Intel have yet to publicly acknowledge the collaboration.</li>
</ul>
Shares of Intel (INTC) climbed over 7% during Thursday’s premarket session following President Trump’s disclosure on Truth Social that Apple has committed to working with Intel for chip design and manufacturing operations within the United States.
<a href="https://knockoutstocks.com/stock/INTC" rel="noopener noreferrer nofollow"> <img src="https://knockoutstocks.com/api/stocks/INTC/embed" alt="INTC Stock Card"> Intel Corporation, INTC </a>
Premarket activity saw Intel reach $129.84. Should this price level maintain throughout regular trading, it would represent a historic milestone for the California-based semiconductor manufacturer.
<blockquote>
 In his Truth Social post, Trump stated: “I decided to help Intel because we need to design and build our Chips right here in America.” His message positioned the Apple collaboration as a component of a larger initiative to reestablish semiconductor manufacturing on American territory.
</blockquote>
This revelation wasn’t completely unexpected. Back in May, the Wall Street Journal disclosed that Apple and Intel had finalized preliminary terms for Intel to produce certain chips destined for <a href="https://coincentral.com/apple-aapl-stock-holds-steady-hide-my-email-update-privacy-concerns-sign-up-blocking/" rel="noopener noreferrer nofollow">Apple</a> products, the result of negotiations spanning over twelve months.
<div class="embed-x">
 <blockquote class="twitter-tweet">
 Trump says Apple has agreed to work with Intel to design and build chips in America.
 He also said Nvidia &amp; Elon are working with Intel, and that the U.S. took a 10% stake in Intel when it was worth around $100B. Intel is now worth over $600B, making America stake worth over $60B <a href="https://t.co/mtgfchbR0H" rel="noopener noreferrer nofollow">pic.twitter.com/mtgfchbR0H</a>
 — Wall St Engine (@wallstengine) <a href="https://x.com/wallstengine/status/2067512525458231680?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 18, 2026</a>
 </blockquote>
</div>
As of publication, neither Apple nor Intel had issued official confirmation regarding the partnership. Both corporations remained unavailable for comment outside standard business hours.
<h3 id="apple-s-strategy-to-diversify-manufacturing-sources">Apple’s Strategy to Diversify Manufacturing Sources</h3>
Apple currently depends extensively on TSMC for semiconductor production. However, TSMC’s cutting-edge fabrication facilities face intense pressure from artificial intelligence chip producers such as <a href="https://coincentral.com/nvidia-nvda-stock-the-ai-king-is-losing-ground-to-its-own-customers/" rel="noopener noreferrer nofollow">Nvidia</a> and AMD, all vying for limited production capacity.
Establishing a partnership with Intel provides Apple with an alternative manufacturing avenue and diminishes its reliance on a single supplier. From Intel’s perspective, securing Apple as a client delivers steady, large-scale orders from one of the planet’s premier consumer technology corporations.
Trump also mentioned that Nvidia and Elon Musk’s Terrafab had previously committed to Intel collaborations, establishing the semiconductor company as an emerging center for domestically-based chip production.
<h3 id="intel-s-foundry-expansion">Intel’s Foundry Expansion</h3>
<a href="https://coincentral.com/intel-corporation-intc-stock-18a-p-risk-production-boosts-foundry-roadmap/" rel="noopener noreferrer nofollow">Intel’s</a> manufacturing operations have lagged behind TSMC for several years. This technological divide has made the company’s foundry aspirations challenging to execute — until now.
Earlier this week, Intel announced that its advanced manufacturing process, designated as 18A, has begun initial production phases. The corporation reported robust demand for its primary processors.
Federal government participation has accelerated Intel’s turnaround. Last year, the Trump administration acquired a 10% ownership stake in Intel and pledged approximately $10 billion toward constructing or expanding domestic manufacturing facilities.
Trump subsequently remarked he “should have asked for more” equity, eight months after the government’s Intel holdings grew to exceed $50 billion in value.
Intel’s stock price has increased approximately fourfold since the government investment announcement last August. Thursday’s premarket rally extended a roughly threefold gain already accumulated during the current year.
Apple shares declined approximately 1.1% in premarket trading following the announcement, while AMD registered a modest 1% increase.
The post <a href="https://blockonomi.com/intel-intc-stock-soars-to-record-high-after-trump-reveals-apple-manufacturing-deal/" rel="noopener noreferrer nofollow">Intel (INTC) Stock Soars to Record High After Trump Reveals Apple Manufacturing Deal</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

Intel (INTC) Stock Soars to Record High After Trump Reveals Apple Manufacturing Deal

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