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Intel Rallies After Trump Says It Struck Apple Chip Deal

Bloomberg

BusinessBloomberg·Jun 18, 2026·1 min read

Intel Rallies After Trump Says It Struck Apple Chip Deal

Intel Corp.’s stock surged Thursday after US President Donald Trump said the chipmaker will work with Apple Inc. to design and produce semiconductors domestically. Anurag Rana, Senior Tech Analyst for Bloomberg Intelligence, discusses the deal and what it means for both companies and the broader tech landscape. (Source: Bloomberg)

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