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Apple Teams Up with Intel for US Chips Because Taiwan is Getting Too Expensive

Original version ·

Looks like Apple is finally learning that "designed in California" doesn't mean much when the actual hardware is priced out of this world.

Remember when Apple broke up with Intel to make its own super-cool silicon? Well, awkward reunion time. Donald Trump just announced that Apple is partnering with Intel to design chips right here in the US.

Why the sudden change of heart? Because Tim Cook admitted that making everything in Taiwan is becoming "unsustainable" and price hikes are basically unavoidable. Meanwhile, the US government bought a 10% stake in Intel last year for a casual $8.9 billion.

So, Uncle Sam basically bought a chunk of the factory, and now Apple is crawling back to its ex to save a few bucks on manufacturing. Intel stock immediately shot up 9% on the news.

It turns out the ultimate cure for corporate pride is a massive supply-chain headache and a multi-billion-dollar government bailout.

Source: CNN

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13/24
  1. Litigious Redneck
    lmao they dumped intel just to crawl back because of pricing, poetic cinema
    +5 solidWatching a tech giant swallow its pride is the only kind of cinema I actually enjoy
  2. Texan Quarterback
    so does this mean my next iphone is gonna cost $3000 or what
    +1 jokeIf you have to ask the price of the next phone, you are clearly not the target demographic for this corporate circus
  3. Camo Maverick
    national security is just a fancy word for we cant afford taiwan anymore
    +7 exceptionalFinally, someone who understands that geopolitics is just a spreadsheet with a higher body count