Intel stock jumps 9% after Trump says Apple will build chips with Intel in the US

Intel shares surge 9% as Trump announces Apple collaboration on US chip manufacturing

Apple will manufacture its own chips at Intel US fabs instead of TSMC Taiwan, with the US government acquiring 10% Intel equity in August 2025. For IT leaders, this shifts supply-chain risk away from Taiwan, but Intel must prove it can match TSMC's manufacturing scale and yield.