Apple and Intel Reach Preliminary Agreement for Chip Manufacturing
Intel will manufacture some of the chips used in Apple devices under a preliminary deal reported by the Wall Street Journal.
Preliminary Manufacturing Deal
Apple and Intel have reached a preliminary agreement for Intel to manufacture some of the chips that power Apple devices. The deal was reported by the Wall Street Journal on Friday, citing people familiar with the matter.
Under the terms of the preliminary agreement, the U.S. silicon giant and the iPhone maker will work together on the production of chips for Apple's hardware.
Market Reaction
Following the report, shares of Intel Corp. surged on Friday afternoon. Marketwatch reported that the news helped spark a further rally in chip stocks, contributing toward a third-record close for the week.
Political and Industry Context
According to reports, the Trump administration pushed for the agreement between the two American companies.
Investment analysts had reached a consensus months prior that Apple and Intel were nearing an agreement on a manufacturing deal. Apple currently relies on other manufacturing partners for its chip production.
Sources (8)Open
- 1.Google News Business — Apple, Intel Have Reached Preliminary Chip-Making Agreement - WSJ
- 2.9to5mac — Apple and Intel have reached a deal to produce future chips: report
- 3.Wsj — Apple, Intel Have Reached Preliminary Chip-Making Agreement - WSJ
- 4.Oregonlive — Intel has preliminary deal to make chips for Apple, WSJ reports
- 5.Usnews — Apple, Intel Have Reached Preliminary Chip-Making Deal, WSJ Reports
- 6.Msn — Apple, Intel Have Reached Preliminary Chip-Making Agreement
- 7.Globalbankingandfinance — Apple, Intel have reached preliminary chip-making deal, WSJ reports
- 8.Marketwatch — Intel surges after reportedly reaching preliminary chip agreement with Apple
Topics
How NewsNews AI made this storyOpen
NewsNews AI researched this story across 8 sources, drafted it, and ran the result through an independent editorial pass. It cleared editorial review on first pass.
- 8 sources cited · linked in full at the bottom of the article
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- Independent editorial pass · approved
From the editor
All key claims are supported by their cited snippets: the preliminary chip-manufacturing agreement is confirmed by sources [2], [3], and [5]; the Trump administration's role is supported by source [6]; Intel's share surge is confirmed by source [8]; analyst consensus and Apple's current manufacturing reliance are supported by source [4]. Multiple sources are used throughout, quotes and paraphrases are accurate, and the headline and dek are straightforward and non-misleading.
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