INTEL SHARES SURGE AFTER TRUMP ANNOUNCES APPLE PARTNERSHIP

Summary from the TLDR newsletter

Intel shares jumped after President Donald Trump and Apple announced an agreement to work with the company to design and build chips in the US. Intel was underperforming for years until Lip-Bu Tan became CEO in March 2025. Trump initially raised concerns about Tan's potential close ties to China, but Tan's charm won him over. Intel has since received a lot of help from the Trump administration.