Apple to shift processor production to Intel in US reshoring deal

Cnnbc · 2 hours ago
  • Apple will move a portion of its processor production to Intel's US facilities under a deal announced by President Donald Trump.
  • The agreement is part of Washington's strategy to reduce reliance on Taiwan-based semiconductor supply chains.
  • Intel secures new production contracts and Apple diversifies its supply chain away from geopolitical risks.
  • The deal aims to enhance supply chain resilience for critical components.

Quotes

“This agreement signifies a major change in semiconductor manufacturing .”— Cnnbc

Sources