Apple to partner Intel to design and build chips in US, confirms President Trump
Washington [US], June 18, (ANI): US President Donald Trump confirmed that Apple is going to partner with Intel to design and manufacture its chips in US. The president made the announcement on his Truth Social platform saying that it is not just important to design chips but to build them locally as well.
Trump also said that the US helped Intel by buying 10 per cent equity in the chip maker and the company’s overall valuation has gone up to USD600 billion from USD100 billion earlier. Consequently, the US government’s stake has risen to over USD60 billion in just nine months.
