Report suggests the US gov may have 'urged' Apple into Intel chipmaking deal to avoid tariffs, at almost the same time it took a $9 billion stake in blue team stock
A report suggests the US government, under Donald Trump, urged Apple to use Intel's manufacturing plants for its chips to avoid tariffs. This occurred around the same time the government took a significant stake in Intel. Apple reportedly committed to investing $100 billion in US manufacturing and secured an exemption from semiconductor tariffs.
- Entities
- Person: Howard Lutnick
- Company: US Government
- Topic: Investment
- Company: Intel
- Topic: Chip Manufacturing
- Person: Tim Cook
- Company: Apple
- Company: TSMC
- Topic: Semiconductors
- Person: Donald Trump
- Topic: Tariffs
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