Trump Announces Apple and Intel Collaboration on U.S. Semiconductor Production

Donald Trump, President of the United States, announced that Apple will collaborate with Intel to design and produce semiconductors in the U.S.

On June 18, Trump shared the news on social media platform Truth Social, stating, "Apple has decided to work with Intel to design and produce its chips in America."

He emphasized the need for domestic semiconductor production, saying, "The technology that the world relies on was invented in America. We all remember 'Intel Inside.' We design everything, but now we must produce it right here in the U.S."

Trump also criticized previous administrations for failing to adequately protect the U.S. semiconductor industry. He remarked, "Foolish presidents took our economy for granted and allowed Taiwan and other countries to steal our semiconductor factories. They forgot that tariffs should protect our industry."

He highlighted his commitment to bringing the semiconductor industry back to the U.S. during his potential second term, stating, "When I reclaim the presidency, it will be clear that we need to bring back the semiconductor industry to America. That’s why we decided to help Intel. We need to design and manufacture our chips right here in the U.S."

Trump also referenced previous collaborations involving Nvidia and Elon Musk with Intel. He noted, "We first helped bring Nvidia on board, and they decided to produce their chips with Intel. Then Elon also agreed to build the world's largest semiconductor factory, 'Terafab,' designed with Intel's technology team."

He showcased the value of the stake the government secured in Intel as part of their support, saying, "We agreed to help Intel in exchange for a 10% stake. When we proposed this, Intel was valued at about $100 billion, but now it exceeds $600 billion."

He added, "In just nine months, the value increased by over $500 billion. The value of the U.S. stake now exceeds $60 billion. When was the last time a president brought money to America?"

Trump's remarks are seen as an effort to highlight the achievements of his America-first industrial policy aimed at reshoring the semiconductor supply chain.

* This article has been translated by AI.