Apple partners with Intel to develop chips? Analysts: This means a "huge opportunity" for Intel and comes at a "perfect time" for Apple

Glonghui, June 19｜On June 18 local time, US President Trump announced on social media that Intel will cooperate with Apple to design chips domestically in the United States. Currently, the two companies have not yet made an official comment on this matter. Ives, Managing Director and Senior Analyst at US investment bank Wedbush Securities, stated that this deal represents a “huge opportunity” for Intel and is also “timely” for Apple. “As Apple moves into a three- to four-year device upgrade cycle driven by AI, manufacturing (chips) for Apple in the US presents a tremendous opportunity for Intel,” he wrote. “With AI chip developers continually increasing demand for advanced chips, Apple is seeking to diversify its supply chain and reduce its dependence on its main overseas supplier, TSMC.”