Trump confirms that Apple will buy chips made by Intel‎

Intel's stock has risen after Trump announced that the company will make chips for Apple, but it's not clear when chips will get delivered, how many will ship, or how much the deal is worth.Intel is confirmed to be producing chips for Apple - image credit: IntelFollowing initial rumors that Apple was in discussion with Intel over manufacturing processors, it was revealed in May 2026 that test production had begun.Now in a late-night posting on Truth Social, Trump announced that "Apple has agreed to work with Intel to design and build its chips in America." Consequently, according to CNBC, Intel stock rose 8.8% in premarket trading, while Apple was up 0.6%. Continue Reading on AppleInsider | Discuss on our Forums