U.S. semiconductor stocks surged in premarket trading on Thursday, June 18, 2026, following President Donald Trump’s announcement that “Apple has agreed to work with Intel to design and build its Chips in America.” The news highlights the administration’s ongoing efforts to reshore critical semiconductor production and strengthen America’s technological independence.
President Trump via Truth Social:
The Technology the World relies on was invented in America. We all remember “Intel Inside.” Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories. They forgot to protect our Industries with TARIFFS. When I won my Second Term (Third, actually!), it was clear America needed its Semiconductor Industry to come back to the U.S.A. We design everything, but we need to BUILD it here, NOW! So I decided to help Intel because we need to design and build our Chips right here in America. First, we helped bring in Nvidia, and they agreed to build their first level Chips with Intel. Next, Elon agreed to build his TerraFab, the largest Chip Factory in the World, designed together with Intel’s Technology team. And, finally, Apple has agreed to work with Intel to design and build its Chips in America. We decided to help Intel in exchange for 10% of their shares. Is that too much or, too little? They were worth around 100 Billion Dollars when we made our offer. Now they are worth over 600 BILLION DOLLARS! Nine months, and they’ve increased in value over HALF A TRILLION DOLLARS. America’s stake is now over 60 Billion Dollars. When was the last time a President made America money?? Thank you for your attention to this matter! President DONALD J. TRUMP
Market Reaction
• Intel (INTC) shares jumped approximately 8.9% in premarket trading.
• Nvidia rose 1.2%, while AMD and Broadcom each climbed about 3%.
• Other notable gainers included ARM Holdings, Microchip, Applied Materials, Micron, Marvell Technology (up 5.8%), and Qualcomm (up 2.9%).
• Semiconductor ETFs also rallied: iShares Semiconductor ETF +3.9%, VanEck Semiconductor ETF +3.3%, and Roundhill Memory ETF +6.2%.
This positive momentum reflects investor optimism about reduced reliance on foreign foundries like TSMC and potential growth for US-based chip design and fabrication under initiatives emphasizing domestic production.
The announcement builds on earlier reports from May about preliminary discussions between Apple and Intel. Intel has been advancing its manufacturing roadmap, recently moving its 18A-P process into risk production with claims of improved performance and power efficiency. CEO Lip-Bu Tan has signaled openness to external customers, marking a shift in strategy.
Trump’s post emphasized economic wins: “We decided to help Intel in exchange for 10% of their shares… When was the last time a President made America money?” He positioned the move as a victory for American innovation and jobs.
MacDailyNews Take: Apple and Intel have not yet issued detailed public comments on the specifics of the partnership, such as timelines or scope, but the development could help Apple diversify away from heavy dependence on overseas suppliers amid global supply chain concerns alongside lowering Apple Silicon pricing thanks to competition.
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Corruption in plain sight
everything TRUMP touches FAILS
this is a bad idea unless intel is moving to taiwian.