Intel Shares Rise After Trump Announces Potential Chip Deal with Apple

Intel shares surged 11% after President Trump announced that the company had secured a deal to supply chips for Apple. This potential collaboration marks progress in Intel's efforts to become a competitive chip foundry, while also benefiting U.S. taxpayers through its government stake.

By Nathan Bomey Fri, June 19, 2026 at 12:03 AM GMT+3 2 min read · Yahoo Finance · June 18, 2026, 21:03 UTC

Intel Shares Rise After Trump Announces Potential Chip Deal with Apple

Tickers: $AAPL $INTC

Topics: Apple CHIPS Act Intel semiconductors Trump

Read the full article at Yahoo Finance

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