Intel shares jumped by double digits on Thursday after President Donald Trump said the company will partner with Apple to design and build chips in the U.S. It paired gains almost instantly but was still up almost 7% at 10:00 a.m. ET.
Trump said in a social media post that "Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories," claiming that they "forgot to protect our Industries with TARIFFS."
