Apple and Intel have reportedly reached a preliminary deal where Intel would manufacture chips for Apple devices, a potential manufacturing win for Intel and a capacity boost for Apple. The report says the US government played a role in the talks. Both Intel and Apple shares rose on the news, with the move also diversifying Apple’s chip sourcing strategy.
ASML CEO Christophe Fouquet, in a relaxed sit-down ahead of the Milken Institute Global Conference, dismisses the idea that competitors are poised to overtake the chipmaking equipment giant. Having led ASML since 2024 after more than a decade with the company, Fouquet suggests the company’s position is more defensible than rivals may assume, even as competitive pressure builds.
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US lawmakers have revised a bill meant to limit China’s access to advanced chipmaking equipment. While the measure is adjusted from an earlier draft, it still targets ASML’s deep ultraviolet lithography systems. The bill is designed to match broader international technology-control rules, after manufacturers flagged concerns about the original version. A House Foreign Affairs Committee vote is set next week.
Tesla is set to use Intel’s advanced 14A chip manufacturing technology for its Terafab project, marking Intel’s first key customer for the 14A process. Intel expects the win to strengthen confidence in its next-generation manufacturing roadmap as it looks for more chipmaking clients. For Elon Musk, the partnership supports ambitions in robotics and data centers.
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