Intel lands major Apple chip deal

Intel has reportedly reached a preliminary agreement to manufacture chips for Apple devices in a significant shift for the semiconductor industry.

The deal follows a push by the Trump administration to increase domestic technology production and reduce reliance on foreign suppliers.

The partnership is expected to bolster Intel's foundry business as it seeks to compete with global rivals like TSMC. Industry analysts suggest the agreement could have far-reaching implications for the global supply chain and the future of American manufacturing.

Both companies have yet to officially confirm the details of the arrangement, which remains in the early stages of implementation.