Geopolitics President Donald Trump said Apple Inc.

(NASDAQ:AAPL) has agreed to work with Intel to design and build chips in the United States.

The president also reiterated that Nvidia Corp (NASDAQ:NVDA) had agreed to manufacture chips with Intel and highlighted plans for a massive semiconductor facility involving Elon Musk‘s TerraFab project.

The Donald Trump administration has reportedly delayed adding Chinese AI startup DeepSeek, memory chipmaker CXMT and more than 100 other Chinese companies identified as national security risks to a U.S. trade blacklist.

European Commission President Ursula von der Leyen called for a strengthened transatlantic partnership on artificial intelligence during a G7 session, warning that the fast-moving technology carries both major opportunities and serious risks.