After Nvidia And Tesla, Trump Confirms Apple Has Agreed To Build Chips With Intel Amid US Manufacturing Push: 'When Was The Last Time...'
President Donald Trump said that the U.S. lost semiconductor manufacturing to Taiwan and other countries and lauded his efforts to bring chip production back to America. Trump took to Truth Social early Thursday and highlighted the partnerships he facilitated between Intel Corporation (NASDAQ: INTC ) , Nvidia Corporation (NASDAQ: NVDA ) and Tesla Inc. (NASDAQ: TSLA ) to design and manufacture chips domestically. “…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,” Trump wrote. He then confirmed that Apple Inc. (NASDAQ: AAPL ) has also “agreed to work” with Intel to design and build its chips in the U.S. Trump also blamed previous administrations for allowing the semiconductor technology, which was “invented” in the U.S., to decline by failing to implement protective tariffs. The President also highlighted how Intel’s value ... Full story available on Benzinga.com
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