What Happened
Partnership Boosts US Chip Production And Intel Manufacturing
Intel has reached a preliminary deal to manufacture chips for Apple devices, according to a report by the Wall Street Journal. The partnership, which has been in the works for over a year, could provide a significant boost to Intel’s contract manufacturing business and support the US government’s efforts to shore up domestic chip production. The deal may also help Apple diversify its manufacturing base, which has been heavily reliant on TSMC. This development was reported by Reuters and published in The Manila Times.