Keyword → 18A-P process

Intel Stock Soars 9% to Record $129.84 — Trump Says Apple Will Design and Build Chips With Intel in the US

Intel shares surged more than 9% in premarket trading to a record near $129.84 after President Trump said Apple has agreed to design and build chips with Intel inside the United States. Neither company has formally confirmed the arrangement, but reports point to Apple's M7 chip running on Intel's new 18A-P process for the MacBook Air and entry-level iPad Pro starting in late 2027. The news lands two days after Intel disclosed that 18A-P entered risk production, giving the stock a second catalyst in the same week.