President Trump confirmed Apple will partner with Intel for chip design and production.
This is a massive strategic pivot to onshore Apple’s massive silicon demand.
Intel shares surged 6.5% premarket on the news.
Apple has been leaning heavily on TSMC, but the supply chain risk is too high.
If this works, it changes the entire domestic semiconductor landscape.
The White House is backing this with clear intent to bypass foreign bottlenecks.
It’s a win for Intel’s struggling manufacturing business.
But can they actually scale to meet Apple’s brutal quality demands?
https://finance.yahoo.com/technology/articles/trump-says-apple-intel-manufacture-044440199.html