President Trump used Truth Social Tuesday to confirm a long‑rumored partnership between Apple and Intel. The two companies agreed that Intel will produce chips for future Apple devices at its U.S. fabrication sites. Details of the deal remain vague, and Intel is not expected to supply Apple’s latest‑generation silicon for premium iPhones any time soon.

Intel’s shares jumped 9% in pre‑market trading after the announcement, reflecting investor optimism. Analyst Ming‑Chi Kuo earlier noted that Intel has already begun fabricating legacy chips for older iPhone, iPad and Mac models, all still designed by Apple. The move gives Apple a domestic fallback and could force TSMC to compete on price, though TSMC remains far ahead in advanced node capacity.

In practice the partnership will likely target low‑end or previous‑generation Apple products, leaving premium silicon to TSMC for now. Adding Intel to the supply chain bolsters Apple’s Made‑in‑America narrative and reduces reliance on a single fab provider. The agreement therefore expands domestic chip capacity without immediately reshaping Apple’s high‑end device roadmap.

For investors, the news signals a modest upside for Intel while Apple secures a politically favorable supply option, a win‑win that could influence future contract negotiations.