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Trump announces Apple, Intel chip collaboration
Bloomberg Tech·
President Donald Trump has announced a new collaboration between Apple and Intel focused on domestic chip production. This partnership is expected to boost the U.S. semiconductor industry and reduce reliance on foreign manufacturing. The news has already positively impacted Intel's stock price. In related news, Anduril's CEO discussed a contract to produce autonomous fighters for the U.S. Air Force, and SpaceX shares continued to decline in their second week of trading.
Tags
chips
regulation
Original Source
Bloomberg Tech — bloomberg.com