LIVE: Trump secures chip manufacturing deal for Intel with Apple, stock rallies along with govt stake
May 8, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan

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AI Overview
Apple and Intel reached a preliminary chip-manufacturing agreement after more than a year of talks; Intel could make chips for some Apple devices though products remain unspecified. The Trump administration’s Intel stake that advanced the talks is now valued at $56.5 billion and Intel stock jumped about 14%. Market and crypto implications: the deal is bullish for semiconductor capacity and tech supply-chain confidence, could indirectly support crypto hardware supply (mining ASICs, secure elements) and broader adoption/security of blockchain infrastructure, boosting market sentiment for tech-linked assets.
Bullish
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...