Trump says Apple has agreed to build chips with Intel as U.S. pushes to expand semiconductor manufacturing

President Donald Trump said the United States lost semiconductor manufacturing to other countries and used the argument to bolster a U.S. manufacturing push. In early Thursday remarks posted to Truth Social, he also pointed to a claimed agreement involving Apple and Intel, saying Apple has agreed to help build chips with Intel.

The comments were reported by Yahoo Finance in an article dated June 20, 2026. The report framed Trump’s remarks as part of a broader effort to move chip production, and it referenced the president’s criticism that manufacturing capacity shifted overseas.

Trump’s post, as described in the Yahoo Finance write-up, contrasted U.S. chip capacity with production located in other places, including Taiwan. He then discussed his own role in attempting to bring more semiconductor manufacturing back to the United States, and he used Apple as an example of a company he said is aligning with the effort.

The reporting also tied the Apple-Intel claim to a pattern of Trump’s public messaging about corporate commitments to U.S. manufacturing. However, beyond the assertion attributed to Trump, the article did not provide additional program details such as which chip types are involved, timelines, the size of any production volumes, or whether any formal contract terms have been finalized.

Apple did not publicly confirm the claim in the materials provided for this story. Apple’s investor communications were not included here, and no investor presentation, filing, or Apple newsroom statement is quoted in the available text. As a result, key specifics about what “build chips” would mean in practice remain unclear.

For Apple and Intel, any supply-chain or manufacturing partnership would be significant because modern chip supply involves specialized foundry and assembly steps, long qualification cycles, and careful planning for performance and availability. For Apple, whose products rely on in-house silicon and tightly managed supply chains, aligning with U.S.-based manufacturing capacity would potentially reduce some geographic concentration risk, though that would depend entirely on the actual scope of the work.

It also remains unclear whether the claimed effort is about manufacturing Apple-designed chips, joint development of new components, or some other arrangement in the semiconductor value chain. Without more detail, the market impact is hard to size, and the next question is whether additional corporate statements or government announcements will specify deliverables.

Going forward, investors and industry observers will likely watch for follow-up confirmation from Apple and Intel, such as a company press release, an investor relations update, or details about any government-linked manufacturing program. Absent that, the most cautious takeaway from the June 20 reporting is that Trump publicly asserted an Apple-Intel manufacturing alignment, but the particulars were not disclosed in the cited post or accompanying coverage.