Trump Announces Agreement: Intel to Produce Chips in the USA for Apple and NVIDIA

Donald Trump has written on Truth Social that Apple, NVIDIA, and Elon Musk have reached an agreement with Intel to produce chips on American soil. While the agreement between Musk and Intel for the TeraFab project is well known, the partnership between Intel, Apple, and NVIDIA is less publicized, even though rumors have circulated about it several times in recent months.

At the moment, there are no confirmations from the companies mentioned. The President of the United States criticized the previous relocation of production to Asian markets, particularly Taiwan, arguing the need to bring manufacturing capability back to the United States. "[...]

We design everything, but we must BUILD IT here, NOW!" the tycoon wrote in his post. "So I decided to help Intel because we need to design and build our chips right here in America. First, we helped bring NVIDIA on board, which has agreed to produce its top-tier chips with Intel. Subsequently, Elon accepted to build TeraFab, the largest chip factory in the world, designed in collaboration with Intel's tech team. And finally, Apple has agreed to work with Intel to design and build its chips in America.

We decided to help Intel in exchange for 10% of their shares. Is it too much or too little? They were worth about 100 billion dollars when we made our offer. Now they are worth over 600 BILLION DOLLARS! In nine months, their value has increased by over HALF A TRILLION DOLLARS. The US share is now over 60 billion dollars. When was the last time a president made money for America??"

For over a year, there have been rumors of talks between Apple and Intel, which have recently evolved into a formal agreement. However, the companies have never confirmed the partnership. In the past, there was talk of Apple chips, the M7 and A21, made by Intel using the 18A-P and 14A manufacturing processes. As for NVIDIA (and AMD), there are also rumors of interest in producing chips at Intel Foundry. The reasons are the same as Apple's. In NVIDIA's case, it is worth mentioning that the company invested 5 billion in Intel and there are joint projects in development, including the rumored Serpent Lake.