US President boosts Intel stock, confirms Apple orders
In pre-market US trading, Intel's stock price rose significantly because US President Donald Trump confirmed orders from Apple that were previously speculation.
Intel logo in front of the headquarters in Santa Clara, 2023.
(Image: Christof Windeck / heise medien)
US President Donald Trump announced on his social media platform Truth Social that “Apple has agreed to work with Intel to develop and manufacture (Apple) chips in the USA.” As a result, Intel's stock price rose significantly in pre-market trading.
Although it has been speculated for some time that Apple could have chips manufactured by Intel, there had been no confirmation until now.
Trump also mentioned the already known cooperation between Intel and Elon Musk's companies in the construction of the so-called Terafab, i.e., very large chip factories.
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In his usual boastful tone, US President Donald Trump praises himself for the US government's involvement in Intel, agreed upon in August 2025. The value of this involvement has since sextupled.
Furthermore, Trump insults his predecessors in office because they allowed “Taiwan and others to steal our semiconductor plants.” His administration, on the other hand, protects US industry with tariffs.
(ciw)
