Trump Claims Apple And Intel Closed Deal To Manufacture Chips In The US
The companies have yet to confirm the news.
Elena Chertovskikh/Getty Images
In a post on Truth Social, Donald Trump claims Apple has finalized a deal with Intel to design and manufacture chips in the United States. In the previous months, reports came out that the companies had already signed a preliminary deal for the partnership, but they have yet to confirm the news. "Stupid presidents took our economy for granted, and let Taiwan and others steal our semiconductor factories," Trump said in his post.
The Wall Street Journal reported back in May that the companies had reachedsome sort of agreement for Intel to produce some of the chips powering Apple's devices in the US. Commerce Secretary Howard Lutnick reportedly met with Apple leadership repeatedly over the course of a year to convince it to do business with Intel again. Apple and Intel used to have a close relationship...
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