Trump says Apple will work with Intel to build chips in the US

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What just happened? President Trump says that Apple has agreed to work with Intel to design and build its chips in America. In a Truth Social post, Trump complained that "Stupid Presidents" had "let Taiwan and others steal our Semiconductor Factories."

"When I won my Second Term (Third, actually!), it was clear America needed its Semiconductor Industry to come back to the U.S.A. We design everything, but we need to BUILD it here, NOW!" Trump wrote. "So I decided to help Intel because we need to design and build our Chips right here in America."

The post comes just over a month after reports that Apple and Intel were working on a chip manufacturing deal. The discussions had been underway for more than a year and recently evolved into a formal arrangement.

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