Apple and Intel are joining forces to manufacture hardware components on American soil, a partnership that could fundamentally redraw the global semiconductor supply chain. The deal, announced by President Donald Trump on Truth Social on June 18, 2026, positions Intel as a domestic foundry partner for Apple-designed processors.
The partnership falls under Apple’s broader $600 billion investment commitment to US manufacturing over four years, a program the company first unveiled on August 6, 2025. Intel shares surged approximately 10% on the news.
What the Apple-Intel deal actually means
Apple has spent years designing its own chips, the M-series and A-series processors that power everything from iPhones to MacBooks, but has relied almost entirely on Taiwan Semiconductor Manufacturing Company (TSMC) to actually build them.
Intel has been trying to reinvent itself as a contract chipmaker, a foundry that builds processors designed by other companies rather than just its own. The US government already holds around a 10% equity stake in Intel, a position acquired through CHIPS Act funding designed to incentivize domestic semiconductor production.
