After Nvidia And Tesla, Trump Confirms Apple Has Agreed To Build Chips With Intel Amid US Manufacturing Push: 'When Was The Last Time...'

President Trump announced that Apple has agreed to work with Intel to design and build chips in the U.S., following similar partnerships with Nvidia and Tesla. The move is part of efforts to bring semiconductor manufacturing back to America. Intel's stock has surged 207.52% year-to-date, and the U.S. government's 9.9% stake in Intel is now worth approximately $52 billion, representing a 5.8x return on its $8.9 billion investment.