Trump personally announced that Apple Inc. will partner with Intel Corporation to manufacture chips in the United States, with the 18A process receiving a significant order.

U.S. President Donald Trump posted on Truth Social on Thursday that Apple Inc. (AAPL.US) has agreed to collaborate with Intel Corporation (INTC.US) to design and manufacture its chips in the United States. The partnership with Intel Corporation will help Apple Inc. diversify its manufacturing base while seeking additional chip capacity. The iPhone maker heavily relies on Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US), whose advanced production lines are currently facing huge demand from artificial intelligence (AI) chip makers like NVIDIA Corporation and AMD (AMD.US). After over a year of discussion, Intel Corporation has reached a preliminary agreement with Apple Inc. to manufacture some of its chips. A contract from Apple Inc. provides Intel Corporation with steady demand from one of the world's largest consumer electronics companies, boosting its reputation and revitalizing its manufacturing business which has lagged behind Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR in recent years. Earlier this week, Intel Corporation announced that its new generation manufacturing technology, 18A, has entered the preliminary production stage as the chip maker sees strong demand for central processing units (CPUs). Last year, the Trump administration acquired a 10% stake in Intel Corporation and announced plans to invest approximately $10 billion in the chip maker to build or expand factories in the United States. After the government-held stake in Intel Corporation rose in value to over $50 billion in eight months, Trump had previously stated that he "should have asked for more" of Intel Corporation's shares. The current administration has been ramping up efforts to ensure the security of the U.S. supply chain for critical minerals and semiconductors, including acquiring stakes in companies to reduce dependence on China.