Apple May Shift Chips to Intel

Reports say Apple and Intel have a preliminary agreement for Intel to manufacture some Apple chips, a move pushed by U.S. political pressure and reportedly tied to a proposed U.S. equity stake in Intel. If completed, it would give Apple an alternative to Taiwan Semiconductor Manufacturing Company and mark a major step for Intel's foundry ambitions in the U.S. — The shift would matter for global supply chains, U.S. industrial policy, national security calculations about chip dependence on Taiwan, and competition among major chip foundries.