Apple Holds Early Talks With Intel and Samsung on Making Device Chips in the U.S.

Apple has held exploratory discussions with Intel and Samsung Electronics about producing the main processors for its devices in the United States, according to reports citing people familiar with the talks.

The discussions are still early-stage. One report said Apple has talked with Intel about using its chipmaking services, while another said Apple executives also visited a Samsung fabrication plant in Texas.

The news comes as Apple appears to be looking more closely at its chip supply chain. One report said the talks reflect Apple’s effort to reduce reliance on a single chip supplier.

Intel shares rose sharply after the reports. The stock gained about 14% in Tuesday trading as investors reacted to the possibility of a major new customer for Intel’s foundry business.

Apple is exploring whether Intel or Samsung could help produce the main processors used in its devices in the United States.

No. The reports say the talks are exploratory and early-stage.

Investors saw the reports as a sign that Intel could win a large chip manufacturing customer.

The reports suggest Apple is looking at ways to reduce risk in its chip supply chain.

Reuters

Apple has held exploratory ‌discussions about using Intel and Samsung Electronics to ⁠produce the main processors for its devices, Bloomberg News reported on Monday, ‌citing ⁠people familiar with the deliberations.

Bloomberg Markets and Finance

Apple has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US. According to people familiar with the deliberations, Apple had early-stage talks with Intel about enlisting the company's chipmaking services.

Proactive Investors

The iPhone maker's exploratory discussions are less about finding a better manufacturer than about ensuring it never again loses iPhone revenue to a single point of failure When Apple Inc (NASDAQ:AAPL, XETRA:APC) executives fly to Texas to tour a Samsung fabrication plant and hold separate talks wit...

Barrons

Intel stock was gaining on hopes it could be about to land a big customer for its chip-manufacturing services.

24/7 Wall Street

Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are catapulting 14% in Tuesday morning trading, changing hands near $109.60 after Bloomberg reported that Apple (NASDAQ:AAPL) is exploring Intel's foundry services for future U.S.

CNBC

Intel shares jumped 14% on reports that Apple is exploring using the company's chips for devices in the U.S. The chipmaker is on a historic run, surging 114% in April and posting its best month ever.

Invezz

Shares of Intel (NASDAQ: INTC) surged on Tuesday, driven by renewed optimism that the chipmaker could secure a major external customer for its manufacturing business. The stock climbed about 15% to its intraday high of $110.48, recouping losses from the previous session and extending its strong run...

New York Post

The Cupertino, Calif.-based firm has long relied on chips made by Taiwan Semiconductor Manufacturing Co (TSMC).

Market Watch

Intel is on track to surpass its record market-cap level achieved back in 2000, with enthusiasm building over the potential for a partnership with Apple.

FXEmpire

Crude oil dropped 3% and the S&P 500 pushed toward record highs. Intel surged 14% on Apple chip talks as earnings kept the bulls engaged Tuesday.

Investopedia

Intel's stock is soaring to fresh highs amid hopes it could soon strike a deal with Apple.

Bloomberg Technology

Apple has held exploratory talks about using processors from Intel and Samsung in the iPhone maker's devices. Bloomberg's Mark Gurman explains why Apple is looking for a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing.

Bloomberg Technology

Bloomberg's Caroline Hyde discusses Apple's exploratory discussions with Intel and Samsung to build their processors for its US devices. Plus, Alphabet, Microsoft, and xAI have agreed to give the US government early access to their models for review before a public release, joining OpenAI and Anthro...

Benzinga

The Nasdaq 100 surged past 28,000 during Tuesday morning trading, setting a fresh record as AI-driven gains in semiconductor stocks continued to power the broader tech sector, defying pressure from elevated oil prices and geopolitical tension.

Bloomberg Markets and Finance

Apple is exploring using Intel and Samsung to produce chips for devices in the US — as a backup to longtime partner TSMC. Peter Elstrom explains.

Investors Business Daily

Dow Jones tech titan Apple, along with AI chipmaker Broadcom, are in buy zones amid strong advances in recent weeks.

Schwab Network

Kim Forrest discusses Intel (INTC) hitting another all-time high and improving fundamentals amid rising AI chip demand. She notes AMD's lower price point is attractive for AI compute and its growing competition with Intel and Nvidia (NVDA), while Apple (AAPL) also pushes chip innovation.

CNET

Apple is reportedly keeping its options open beyond its main supplier, Taiwan Semiconductor.

The Motley Fool

Intel's nascent foundry business could get a massive boost if it can successfully court Apple. Talks are reportedly underway.

CNBC Television

Intel shares jumped on a report that Apple is exploring using the company's chips for devices in the U.S. CNBC's Kristina Partsinevelos has more.

The Motley Fool

Intel's shares surged in April after the company announced a partnership with Terafab. The chipmaker will help Terafab's semiconductor manufacturing facility get off the ground.

Fast Company

Shares of Intel Corp. (Nasdaq: INTC) stock rose over 13% Tuesday on news that Apple is considering using the chipmaker, along with Samsung Electronics Co., to produce processors for its devices in the U.S., Bloomberg reported.

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