Intel Stock Soars After Trump Announces Apple Chip Deal
Intel's stock experienced a significant increase following President Trump's announcement of a semiconductor deal with Apple. This collaboration is expected to impact both companies and the technology sector positively.
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. (Source: Bloomberg)
📎 Original source: https://www.bloomberg.com/news/videos/2026-06-18/intel-rallies-after-trump-says-it-struck-apple-chip-deal-video
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