Intel shares jump in premarket trading after U.S. President Donald Trump says Intel will work with Apple to design and produce semiconductors in the United States. Bloomberg reports Intel stock rises by more than 9% in premarket activity. MarketWatch similarly describes a sharp premarket rally tied to Trump’s comments, saying Intel will produce chips for Apple domestically. Both sources link the market move directly to Trump’s announcement and frame it as a domestic manufacturing and chip-design collaboration between Intel and Apple. The reports do not provide detailed terms of the arrangement, such as timelines, contract size, or specific chip types, and they focus mainly on the immediate market reaction. The information presented centers on the president’s stated plan for Intel’s role in producing chips for Apple within the U.S., which drives investors’ expectations for future semiconductor output and potential revenue.
Intel shares rise after Trump says Intel will build chips for Apple in the U.S.
Intel shares jump in premarket trading after U.S. President Donald Trump says Intel will work with Apple to design and produce semiconductors in the United States. Bloomberg reports Intel stock rises...
- Intel shares rise sharply in premarket trading following comments by President Donald Trump.
- Trump says Intel will work with Apple on designing and producing semiconductors.
- Both reports describe the effort as domestic (built in the United States).
- The news sources connect the stock move directly to the announcement.
- No detailed deal terms, timelines, or chip specifications are provided in the cited summaries.
Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.
5 hours agoIntel shares jumped in premarket trade on Thursday as President Donald Trump said the foundry will produce chips for Apple in the U.S.
5 hours ago
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