Trump Touted The “Tens Of Billions Of Dollars” The Government Has Made From Intel, While Selling A Deal To Apple That Undercuts TSMC By 25% On Wafer Pricing

Whatever else one might think of President Trump, it is plain as day that he is a connoisseur at shaping narratives. And, apparently the President seems to have played a material role in selling an Intel deal to Apple, one that might accrue sizable short- and long-term benefits to the Cupertino-based tech giant. Apple's chip fabrication deal with Intel entails sizable margin benefits, reduces supply chain risks, and weakens TSMC's monopoly Apple has reached a preliminary chip fabrication deal with Intel, according to the Wall Street Journal. While the specifics of this agreement are not known at this time, it […]

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