Apple inks ‘preliminary chip-making agreement’ with Intel: A major step in American semiconductor revival

In a significant development for the tech and semiconductor industries, Apple and Intel have struck a preliminary agreement under which Intel will manufacture some of the chips that power Apple devices. The news, reported by Robbie Whelan and Rolfe Winkler for The Wall Street Journal on May 8, 2026, marks a notable comeback effort for Intel and highlights ongoing efforts to strengthen domestic U.S. chip production. The Role of the Trump Administration: The U.S. government played a pivotal role in facilitating the deal. Last summer, the Trump administration converted nearly $9 billion in federal grants into a roughly 10% stake...