Intel shares jump after Trump says Apple will work with chipmaker on US production

Intel shares surged approximately 7% following an announcement by President Trump on Truth Social. The President stated that Apple will partner with the chipmaker to develop semiconductors within the U.S. Trump emphasized that this collaboration aims to revitalize domestic chip manufacturing. During his statement, he criticized previous administrations for outsourcing production. This news regarding the partnership between Apple and Intel has led to a significant jump in the company's stock market performance.