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Apple inks ‘preliminary chip-making agreement’ with Intel: A major step in American semiconductor revival
MacDailyNews ^ | May 8, 2026 | MacDailyNews staff.

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 ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: apple; governmentchips; intel; predpriyatiye; semiconductors; trump

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Trump’s investment of $9 Billion of U.S. government funds in return for about a 10% stake in Intel has been an outstanding investment for the American people. Many of you know that Intel stock as been on a tear recently and Intel now has a market cap of $628 Billion meaning that $9 Billion stake is now valued at over $60 Billion.

Shrewd move, Mr President. Keep up your efforts to REINDUSTRIALIZE AND REVITALIZE AMERICA. I’M LOVING IT!

1 posted on 05/09/2026 9:12:27 PM PDT by House Atreides
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To: House Atreides

“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.


2 posted on 05/09/2026 9:46:25 PM PDT by ProtectOurFreedom ( )
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To: House Atreides

Good. Apple will design, Intel will manufacture.


3 posted on 05/09/2026 9:48:37 PM PDT by bigbob (We are all Charlie Kirk now)
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To: bigbob

>> Good. Apple will design, Intel will manufacture.

That’s been done before. Couple decades ago.


4 posted on 05/09/2026 10:00:41 PM PDT by Nervous Tick (Hope, as a righteous product of properly aligned Faith, IS in fact a strategy.)
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To: Nervous Tick

So it will be revived


5 posted on 05/09/2026 10:02:22 PM PDT by antceecee ( )
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To: House Atreides
Hurray for big government! It worked!!!!

We should always embrace big government, because guess what big government is the future! Big government FOREVER!


6 posted on 05/09/2026 10:40:53 PM PDT by ProgressingAmerica (The U.S. Constitution is not a suicide pact. Progressivism is a suicide pact.)
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To: ProgressingAmerica

“We should always embrace big government, because guess what big government is the future! Big government FOREVER! “


10% stake in a strategic company is precisely NOT big government.
It’s ok to show off your libertarian bona fide but don’t do it like a retard.


7 posted on 05/09/2026 11:12:53 PM PDT by miniTAX
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To: miniTAX

Bailouts and too big to fail are not a legitimate function of government.


8 posted on 05/09/2026 11:36:21 PM PDT by ProgressingAmerica (The U.S. Constitution is not a suicide pact. Progressivism is a suicide pact.)
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To: ProgressingAmerica

You are an ass


9 posted on 05/09/2026 11:37:52 PM PDT by antceecee ( )
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To: ProgressingAmerica

“Bailouts and too big to fail are not a legitimate function of government.”


10% stake in a company is neither of those, unless you are arguing in bad faith or a leftist economic illiterate.


10 posted on 05/10/2026 12:02:08 AM PDT by miniTAX
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