Business Wire
BusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex Times
Back to front
Trump says Apple agreed to work with Intel to design and make chips in the United States
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 18, 1:03 AM EDT

Trump says Apple agreed to work with Intel to design and make chips in the United States

A U.S. president said in a Truth Social post that Apple would partner with Intel on manufacturing its chips domestically, a move that, if it materializes, would touch the supply chain of some of the world’s most advanced consumer electronics.

U.S. President Donald Trump said Apple has agreed to work with Intel to design and build Apple’s chips in the United States, according to a post on Truth Social that was reported by Yahoo Finance on June 18, 2026.

In the same report, Intel was described as having reached a preliminary deal to manufacture some chips. The announcement, as characterized in the post, frames the effort as a domestic manufacturing initiative rather than a purely software or design change.

Apple’s statement, if any, beyond what was attributed in the post was not included in the reported excerpt. The report centers on the president’s claim that Apple agreed to the collaboration, without providing additional documentation such as a contract, timeline, or regulatory filings that would confirm operational details.

Intel, whose manufacturing business has been reshaped over the past several years as it seeks customers for chip production, would face substantial execution questions if it is to build chips for a major buyer at scale. Chip manufacturing requires not only capacity, but also long lead-time process readiness and yield stability, items that typically depend on detailed site-by-site and product-by-product planning.

For Apple, custom silicon is a strategic lever for performance, power efficiency, and product integration. However, the reported post did not specify which chips would be in scope, whether the work would involve new manufacturing steps at Intel facilities, or how long it would take to shift production domestically.

Industry observers typically view proposals like domestic chip manufacturing through two lenses: industrial policy goals and supply chain resilience. A domestic manufacturing arrangement can reduce exposure to overseas geopolitical disruptions and shipping constraints, but it also increases reliance on U.S. fabrication ecosystems, equipment lead times, and skilled manufacturing capacity.

The uncertainty in this case is material. As reported, key specifics are not disclosed, including which Apple chip families would be manufactured, what portion of production would move to the United States, whether Intel would act as the primary foundry or as a supporting manufacturing partner, and whether Apple would provide design transfers or technical commitments as part of the arrangement.

Why It Matters

  • If a domestic chip manufacturing collaboration moves from preliminary concept to executed work, it could reshape sourcing and production planning for a major consumer hardware supply chain.
  • A partnership that pairs Apple’s chip design needs with Intel’s manufacturing capabilities would test whether U.S.-based production can meet the performance and volume requirements of leading-edge consumer electronics.
  • The episode also illustrates how industrial policy and supply chain strategy can quickly become tied to high-profile political messaging, even before operational details are made clear.

Sources

Key Facts

  • On June 18, 2026, a Yahoo Finance report said U.S. President Donald Trump posted on Truth Social that Apple agreed to work with Intel to design and build Apple chips in the United States.
  • The report described Intel as having reached a preliminary deal to manufacture some chips.
  • The public information highlighted in the report is attributed to the president’s Truth Social post, and it did not include additional details such as contracts, timelines, or chip categories in the provided material.
  • The report does not indicate whether Apple issued a confirming statement or where any deal terms were made public.

Technology Related

Trump says Apple agreed to work with Intel to design and make chips in the United States | The Apex Times