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Intel Rallies After Trump Says It Struck Apple Chip Deal

Intel Rallies After Trump Says It Struck Apple Chip Deal
Bloomberg Technology Thursday 18 June 2026, 16:42 UTC 1 min read
Key Points

Jun 18th, 2026 Intel Rallies After Trump Says It Struck Apple Chip Deal Intel Corp.’s stock surged Thursday after US President Donald Trump said the chipmaker will work with Apple Inc. to design and produce semiconductors domestically. Anurag Rana, Senior Tech Analyst for Bloomberg Intelligence, discusses the deal and what it means for both companies and the broader tech landscape.

Jun 18th, 2026 Intel Rallies After Trump Says It Struck Apple Chip Deal Intel Corp.’s stock surged Thursday after US President Donald Trump said the chipmaker will work with Apple Inc. to design and produce semiconductors domestically. Anurag Rana, Senior Tech Analyst for Bloomberg Intelligence, discusses the deal and what it means for both companies and the broader tech landscape.
Intel (ORG) Trump (ORG) US (LOCATION) Donald Trump (PERSON) Apple Inc. (ORG) Anurag Rana (PERSON) Bloomberg Intelligence (ORG)
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