Apple and Intel have agreed to design and manufacture chips together in the United States, diversifying Apple's manufacturing away from its heavy reliance on TSMC.

What happened: President Trump announced on Thursday that Apple has agreed to work with Intel to design and manufacture its chips in the United States. Intel reached a preliminary deal to make some chips for Apple after more than a year of discussions.

Why it matters: Apple relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD. A partnership with Intel helps Apple diversify its manufacturing base and secure additional chip capacity. For Intel, an Apple contract provides steady demand from one of the world's largest consumer electronics companies, boosting both its reputation and a manufacturing business that has lagged TSMC in recent years.

What to watch: Earlier this week, Intel said a new generation of its manufacturing technology, 18A, has entered initial production. Last year, the Trump administration took a 10% stake in Intel and announced plans to invest roughly $10 billion（約1.6兆円） in the chipmaker to build or expand U.S. factories.