Apple reportedly strikes deal for Intel to make some of its chips — two tech giants reached a preliminary agreement for Intel to make processors for Cupertino

Sources close to both Apple and Intel have said that the two companies have reached a preliminary agreement for Intel to manufacture processors for Apple. According to The Wall Street Journal, the two parties have been in talks for over a year, and they’ve been finalizing a formal deal over the past few months. Apple is reportedly looking for alternative fabs to TSMC, as it wants to diversify its supply chain in the midst of ongoing chip shortages, and it seems that this latest development is a confirmation of this report.

It’s currently unclear which chips the U.S. semiconductor company will be making for the largest consumer electronics firm in the world, but it previously made the x86 processors used in Macs and MacBooks from 2006 to 2023. Intel also had the chance to build the A-series chips that Apple used for the iPhone and iPad, but it fumbled the opportunity — with Tim Cook complaining to TSMC founder Morris Chang, “Intel just does not know how to be a foundry.”

Intel apparently learned its lesson, though, as Apple was reportedly considering Intel’s 18A process for its entry-level M-series chips as early as November of last year. Even before this, the two companies were already in discussions about a potential investment into the chip maker, something that President Donald Trump alluded to in early 2026. Aside from Apple, Intel has also received a $5-billion investment from Nvidia and that the two are partnering to develop an x86 RTX SoC for PCs. Elon Musk also tapped Intel for his TeraFab project, which will use the company’s 14A process to make AI chips.

These developments are excellent news for Intel CEO Lip-Bu Tan, who has been working hard to put the company back on track after former CEO Pat Gelsinger announced disastrous results in July 2024. It has also caused the company’s stock price to skyrocket, hitting a record high of $126.23 at the time of writing and beating its former peak during the dot-com boom of 2000. But we'll have to wait for confirmation from the two companies — as neither has officially commented on this news yet — to learn the details of this groundbreaking deal.

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