# Intel and Apple have reached a preliminary agreement for Intel to manufacture some of the chips powering Apple devices.

*business · news · 2026-05-08 · Decrypt*

## Key points

- Intel and Apple have a preliminary agreement for Intel to manufacture chips for Apple devices.
- The White House, including Trump and Commerce Secretary Lutnick, directly facilitated the Intel-Apple deal.
- Last August, the U.S. government acquired a 9.9% stake in Intel, now worth over $50 billion.
- Intel's CEO Lip-Bu Tan has pursued customers like Apple after taking over in March 2025.
- Apple's first Intel-manufactured chips are expected to arrive in about 18 months.

**Companies:** Apple, Intel
**Countries:** United States

[Read the full story on Decrypt](https://decrypt.co/367320/intel-all-time-high-chip-deal-apple)

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Canonical: https://newsio.io/n/c4886a78-3f95-4811-8fe4-ec38c3aa5533/intel-and-apple-have-reached-a-preliminary-agreement-for-intel-to-manufacture-so
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