Intel's Stock Skyrockets as Apple Shifts Chip Production to the U.S.

Washington D.C., Thursday, 18 June 2026.
Intel’s shares surged 9% after Donald Trump announced a groundbreaking partnership with Apple to design and manufacture chips domestically—a move that could reshape the semiconductor industry. This deal marks Apple’s first major shift away from overseas suppliers like TSMC, aligning with U.S. efforts to bolster domestic tech independence. With Intel’s market cap now exceeding $600 billion, the collaboration underscores how national policy is driving corporate strategy in the high-stakes chip race.