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The Economic Times
The Economic Times

US President Trump says Apple to work with Intel to manufacture chips in US

Apple has agreed to work with Intel to design and manufacture its chips in the US, President Donald Trump said on Thursday, in what would be a major boost for the American chipmaker's efforts to turn around its business.

An Apple contract would lock in steady demand from one of the world's largest consumer electronics companies, boosting Intel's reputation and ‌sales as ⁠it looks ⁠to close the gap with rival TSMC - the world's biggest contract chipmaker.

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