Technology & Markets · Intelligence
—The claim. On June 18, 2026, the US president announced on social media that Apple had agreed to work with Intel to design and build chips on American soil.
—The catch. Neither Apple nor Intel has confirmed any such deal, and analysts caution that the arrangement, if real, may be far narrower than the announcement implied.
—The technology. Intel’s most advanced manufacturing process, called 18A-P, only entered an early trial-production stage on June 16, days before the announcement.
—The government’s stake. Washington holds roughly ten per cent of Intel, giving the state a direct financial interest in the company’s revival.
