Intel's stock jumps 10%+ after Trump said “Apple has agreed to work with Intel to design and build its Chips in America”; INTC is up 500%+ in the past year

The boost continues Intel's recent rally as the chipmaker bounces back from years of headwinds.

CNBC 2026-06-18

Context & Ripple Effects

Related coverage traces a rapid escalation from early-stage talks between Apple and Intel to reports of a formal manufacturing deal, followed by a presidential statement that frames the work as U.S.-based chip design and production.

The announcement arrives during a broader Intel rebound: coverage has tied its renewed growth to the AI boom, while the Apple reports have become a distinct catalyst for successive stock moves.

First-order effects

Intel gains a high-profile prospective customer endorsement and a clearer narrative for its U.S.-based chip-manufacturing effort; investors immediately reprice that prospect in the shares.
Apple is positioned to add Intel to its chip-production plans, potentially broadening its manufacturing options for some devices if the reported arrangement proceeds.

Second-order effects

A meaningful Apple-Intel relationship would raise the stakes for other manufacturers serving Apple, because Apple would have another potential production path rather than relying as heavily on its existing arrangements.
Intel’s effort to win external manufacturing customers becomes more credible to other prospective customers, while execution—yield, capacity, and delivery—becomes more consequential for sustaining the rally.

Third-order effects

If Apple’s reported shift develops into sustained production, it would signal that major device makers can treat U.S.-based manufacturing as a more material part of supply-chain design, not solely a policy objective.
The larger structural test is whether Intel can convert market enthusiasm and one marquee customer relationship into a repeatable foundry business; that would reshape competitive boundaries between chip designers and manufacturers.

The trend: This is one data point in the push by major technology companies to diversify chip supply chains while Intel attempts to re-establish itself as a viable producer for outside customers.

Discussion

@mgsiegler M.G. Siegler on x
How many times can Intel's stock jump 10% whenever anyone utters “Apple”? We're apparently on a mission to find out!
@benbajarin Ben Bajarin on x
Looking forward to seeing what Apple does with Intel transistors. $INTC [image]
r/StockMarket r on reddit
Intel surges 9% after Trump says company will partner with Apple on U.S. chip design
@scottlincicome Scott Lincicome on x
@schamorro357 Ha! Yeah, the American People voted en masse for the US government forcing Intel to give it equity, and then forcing Apple, Nvidia, and SpaceX/Tesla to use Intel's chips. It's all right there on Joe Rogan! LOLOLOLOLOLOLOLOLOL
@patrickmoorhead Patrick Moorhead on x
I will take this as definite that $INTC and $AAPL have a deal. “And, finally, Apple has agreed to work with Intel to design and build its Chips in America.” Many questions on this one. Is this a performance-based LOI that's likely already in place or a hard contract. [image]
@jimcramer Jim Cramer on x
I know i pushed club members hard yesterday to buy Intel, I have not been able to confirm the Intel-AAPL deal that the president posted about in Truth Social. Hold on!
@dnystedt Dan Nystedt on x
President Trump on Truth Social: -Apple now working with Intel to design and build its chips in the US. -Nvidia also working with Intel -Elon Musk's TeraFab designed with Intel, using Intel tech. $INTC $AAPL $NVDA $SPCX $TSM $SSNLF #semiconductors
@aleabitoreddit Serenity on x
Trump announced Intel + Apple partnership, sending $INTC up 8% today. Intel execs were reportedly surprised by the $AAPL announcement by Donald Trump. TBH, the President should lead Intel's marketing team at this point. Feel's like he's hard carrying the stock. [image]
@rogoswami Rohan Goswami on x
Intel and Apple have been in talks about potential US manufacturing for months, sources say. The status of those talks could not be learned. Intel executives were surprised by the President's post. $INTC $AAPL
@jimcramer Jim Cramer on x
Intel will work.. best area of complex
@rapidresponse47 @rapidresponse47 on x
[image]
@stevehou Steve Hou on x
@Richard_Casey @jbulltard1 I think market may be pricing in the signal value of the tweet to everyone else who's not making chips with Intel
@divestech Dan Ives on x
Apple and Intel partnering on chip front would be a huge step forward for Cupertino. Smart move in our view with massive hardware cycle next 3 years in midst of AI boom. Intel went from outsider with Apple to new key potential chip partner. key for 🇺🇸 chips. 🔥🏆🍿🎯🐂🍎📱🖥️
@jukan05 Jukan on x
Wow. According to @FundaAI, UMC is collaborating with Intel not only on 12nm, but also in the 3nm space. $INTC [image]

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