Trump Promotes Intel-Terafab Partnership in US Chip Push
President Trump highlights Intel deals with Apple, Nvidia and Musk's Terafab as part of reshoring semiconductor manufacturing.
Key facts
- Trump Truth Social posts credit deals
- Links to CHIPS Act and domestic production
- Boosts Intel stock narrative
Trump also cited other foundry commitments... Elon Musk committed to Terafab
How the story unfolded
- 1 source
- 8 sources
- bisinfotech.com Trump says Apple will partner with Intel for US semiconductor Last year, Trump’s team turned $8.9 billion of CHIPS Act grants into a 10% stake in Intel, plus promised more money to expand U.S factories. On Truth Social, Trump celebrated this, bragging that Intel’s market value soared from about $100 billion to $600 billion in just nine months—boosting the government’s investment big time. He also talked up other deals the government helped secure for Intel, including one with Nvidia and a new project with Elon Musk called “Terafab.”
- techmeme.com Techmeme: Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg) Dan Nystedt / @dnystedt: President Trump on Truth Social: -Apple now working with Intel to design and build its chips in the US. -Nvidia also working with Intel -Elon Musk's TeraFab designed with Intel, using Intel tech.
- wccftech.com Trump Spills The Beans, Declares "Apple Has Agreed To Work With Intel" On America-Made Chips Trump has just taken a victory lap of sorts by touting Intel's rapidly expanding orderbook, which now apparently includes such august customers as NVIDIA, Elon Musk's Terafab project, and Apple, going on to boast about the U.S.
- tomshardware.com Trump says Apple has agreed to 'build' chips with Intel — neither company confirms deal as Intel share price rockets | Tom's Hardware Trump says the deal is part of his administration’s push to reshore semiconductor manufacturing, writing that the U.S. needs to build its chips domestically and that he "decided to help Intel because we need to design and build our Chips right here in America.” He credited earlier government intervention for drawing Nvidia and Elon Musk's TeraFab project to Intel's foundry. Apple already designs its own silicon and has done so since it dropped Intel processors from its products in
- thehill.com Trump: Apple partnering with Intel on chip design, production in US Trump’s various tariffs on overseas ... credit for Nvidia’s $5 million investment into Intel last year to design and manufacture chips, along with Intel’s recent partnership with Elon Musk’s Terafab AI chip complex project with SpaceX and Tesla....
- x.com Muskonomy on X: "JUST IN: Elon Musk's Terafab is the largest chip factory in the world and a key part of America's chip comeback, President Trump says Trump said Musk agreed to build Terafab, designed together with Intel's technology team. Terafab is a giant chip plant from Tesla and SpaceX, https://t.co/AkbcElOr2O" / X Terafab is a giant chip plant from Tesla and SpaceX, acturing partner. Musk announced it in March. Intel joined in April. The goal is to produce 1 terawatt of AI compute every year.
- quomarkets.com Trump: Apple Just Struck a Chip Deal With Intel - And Wall Street Is Buzzing - QuoMarkets Trump also claimed credit for brokering ... planned TeraFab, framing it as part of a broader push to rebuild US chip manufacturing. The US government holds a 10% stake in Intel, taken last year, now reportedly worth well over $50 billion. Traders will be watching for official confirmation from Apple and Intel, plus details on production timelines and which chips are actually ...
- kaohooninternational.com Intel Shares Jump on Apple Pact With Trump Backing - KAOHOON INTERNATIONAL According to the executive statement, Nvidia has already committed to manufacturing its first-level chips using Intel’s facilities. Furthermore, Elon Musk has partnered with Intel’s engineering team to develop “TeraFab,” which is slated to become the largest chip manufacturing facility in the world.
- 2 sources
- techmeme.com Techmeme Dan Nystedt / @dnystedt: President Trump on Truth Social: -Apple now working with Intel to design and build its chips in the US. -Nvidia also working with Intel -Elon Musk's TeraFab designed with Intel, using Intel tech.
- nytimes.com Trump Says Apple to Buy Computer Chips from Intel - The New York Times It later worked with Elon Musk, the president said, to negotiate a deal with Intel to use its technology to run a chip manufacturing plant called Terafab, which Mr. Musk is developing. Finally, Mr. Trump said in his post, “Apple has agreed to work with Intel to design and build its Chips in America.”
- 1 source