Apple Shifts Chip Production to Intel in the U.S., Reducing Taiwan Risk

President Trump announced June 18 that Apple will design and manufacture chips with Intel domestically, cutting reliance on Taiwan's TSMC. The move builds on Apple's 2019 acquisition of Intel's modem business and its $600 billion U.S. investment pledge. Details on which chips and production volumes remain unclear. For Intel's foundry division, Apple is a major validation. For Apple, it's protection against Taiwan supply concentration risk.