LIVE: Trump secures chip manufacturing deal for Intel with Apple, stock rallies along with govt stake

CryptopolitanMay 8, 2026 5:17 PM

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Apple and Intel have reached a preliminary chip-making agreement after more than a year of talks.
Intel could make chips for some Apple devices, but the exact products are still not clear.
The Trump administration’s Intel stake helped push the talks forward and is now worth $56.5 billion.
Intel stock jumped 14%, while the S&P 500 crossed 7,400 for the first time.

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