When the US president talks about chips, markets dance. Intel just soared 9% in premarket trading after the announcement of a collaboration with Apple to make semiconductors at home — exactly what investors and tech patriots needed to hear.
In 30 seconds
- 01Intel stock jumps 9% after Trump announces Apple partnership to produce chips in the USA.
- 02
What this means for you
For an average person: future iPhone prices might not skyrocket thanks to fewer middlemen, and America could finally have a competitive chip industry instead of importing everything. If it works, it's a win for the country. If it doesn't, it's just an announcement that made Intel shareholders happy for a few hours.
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