The White House Made Fixing Intel Its Pet Project. It’s Working.
The White House orchestrated direct pressure on Apple and Nvidia last summer to support Intel's manufacturing turnaround, according to WSJ reporting. Apple CEO Tim Cook fielded the request during Washington meetings while navigating tariff negotiations with the Trump administration. The government-brokered partnership push aims to secure customers for Intel's foundry business as the chipmaker works to stabilize operations.
Intel's business is showing signs of improvement following the White House intervention. The administration positioned the company's recovery as a national priority, actively twisting arms among potential partners to generate orders for Intel's chip manufacturing capabilities. Both Apple (AAPL) and Nvidia (NVDA) emerged as targets of this pressure campaign, though specific deal terms weren't disclosed in the available reporting.
The unusual government involvement underscores Washington's concern about semiconductor supply chain security and domestic manufacturing capacity. Intel represents the largest U.S.-based chipmaker with advanced fabrication facilities, making its health a strategic issue beyond typical market dynamics.