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Posted on 05/09/2026 9:12:27 PM PDT by House Atreides
In a significant development for the tech and semiconductor industries, Apple and Intel have struck a preliminary agreement under which Intel will manufacture some of the chips that power Apple devices. The news, reported by Robbie Whelan and Rolfe Winkler for The Wall Street Journal on May 8, 2026, marks a notable comeback effort for Intel and highlights ongoing efforts to strengthen domestic U.S. chip production.
The Role of the Trump Administration:
The U.S. government played a pivotal role in facilitating the deal. Last summer, the Trump administration converted nearly $9 billion in federal grants into a roughly 10% stake in Intel. Commerce Secretary Howard Lutnick has been actively engaging with tech leaders, including Apple’s Tim Cook, to encourage partnerships with Intel. President Trump personally advocated for the collaboration in a White House meeting with Cook.
This fits into a broader pattern: Intel has now secured partnerships with Apple, Nvidia (which invested $5 billion and will use Intel for custom data center CPUs), and Elon Musk’s companies (for a new Texas chip plant serving Tesla, xAI, and SpaceX).
Trump has publicly praised the developments, noting in January that government backing helped attract major partners: “As soon as we went in, Apple went in, Nvidia went in, a lot of smart people went in.”
(Excerpt) Read more at macdailynews.com ...
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Shrewd move, Mr President. Keep up your efforts to REINDUSTRIALIZE AND REVITALIZE AMERICA. I’M LOVING IT!
“REINDUSTRIALIZE AND REVITALIZE AMERICA”
A MAJOR component of that is low-cost, abundant, and reliable power. Shutting down green energy boondoggles, opening up CA for offshore petroleum, getting pipelines permitted and built (a new Canadian-US one is in the works) are all instrumental.
Good. Apple will design, Intel will manufacture.
>> Good. Apple will design, Intel will manufacture.
That’s been done before. Couple decades ago.
So it will be revived
We should always embrace big government, because guess what big government is the future! Big government FOREVER!
“We should always embrace big government, because guess what big government is the future! Big government FOREVER! “
Bailouts and too big to fail are not a legitimate function of government.
You are an ass
“Bailouts and too big to fail are not a legitimate function of government.”
Yep I’m reading (and writing) this on a 16” MacBook Pro with 8-Core Intel Core i9 processor.
Intel stock is up 5 times what it was a few months ago. Amazing performance in what has generally been a static market recently. (Under $20 to about $100 before this announcement).
“The legitimate economic functions of gov’t are spelled out in Beard’s An Economic Interpretation of the Constitution. “
Yet the gist of it is that the founders find government intervention (instead laissez-faire as naive or cynical libertarians want us to believe) in economic affairs sometimes necessary. So we agree on one of the, admidtedly wideranging, purviews which is the protection of a stable property order. The Trump admin’s intervention not only in Intel but in strategic and critical sectors like rare earth mining or even steel (the CHIPS act) falls in this purview but is also necessary given the economic war with China.
“REINDUSTRIALIZE AND REVITALIZE AMERICA.”
Because it does not benefit the Democratic party politically, The media avoid reporting on what is happening in this country - an historic industrial boom.
American Industry is now growing at more than twice the rate that it did during the WWII boom, and accelerating. The global flight of companies from manufacturing in China since COVID, and new US laws like the CHIPS Act to onshore critical supply chains had already dramatically increased investment in American industrial production.
But since President Trump was inaugurated this term, a truly historic explosion in investment is underway. President Trump has already attracted over $17 TRILLION in Foreign Direct Investment, just since his Inauguration last year (by comparison, the USA received $388 billion in 2022, then the most of any country). Additionally, as deals like the chip deal with Intel in this thread show, additional American investment that would have have gone elsewhere in the recent past, is now building business, employment and tax base in the USA instead. The One Big Beautiful Bill has us embarking on a Manhattan Project-like effort to onshore Rare Earth Supply chains, and many other critical supplies.
US corporate profits grew by an average of 17% in the first quarter of this year. This is a boom. It is a structural reshaping of the world economic order, whose effects will continue to grow for years to come, just based on what has already been done (indeed, for many decades, for things like the Trump accounts).
Thank you President Trump! My heartfelt thanks to this fine man for absorbing all the slings and arrows, and choosing to serve our country.
Arguably, the best President ever.
“The legitimate economic functions of gov’t are spelled out in Beard’s An Economic Interpretation of the Constitution. It boils down to two functions: 1) the provision of social overhead capital (i.e., things the people want, but private markets don’t provide, like public roads)”
The reality of predatory industrial policy by the Chinese Communist Party, requires the social overhead capital of the Government to counter it. No private company can do it against such a concerted competition by adversaries who can and do print unlimited new money to subsidize their takeover.
It would be fatally naive to ignore that very real, and very deliberate aggression.
I read Beard’s An Economic Interpretation of the Constitution, some twenty years ago.
IIRC, Beard was an early leftist who charged the Framers with designing a Constitution that feathered their own nests through the Constitution’s support of property rights.
He was part of the emerging intelligentsia around the early 1900s that seeded universities with history hostile to the American tradition.
These people were not refuted until the 1950s-1970s by the historians Gordon Wood, Forrest McDonald, Bernard Bailyn, Lance Banning and a few others whom I don’t recall at this moment.
I still think his two points are valid and provide a basis for the argument against overreach by the gov’t. I don’t think the gov’t should compete with private enterprise (e.g., student loans). I think the bailout of S&L’s was wrong, too. Those people knew that S&L’s paid higher rates than other institutions because of risk. It’s the higher risk ones that needed a bailout and I don’t see why taxpayers should bear the brunt of those risks.
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