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Bloomberg Tech

President Trump Announces Apple and Intel Chip Collaboration

Bloomberg Tech

Bloomberg

News, Tech News, Business News

4.371 Ratings

🗓️ 18 June 2026

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril's CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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Transcript

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0:00.0

The Big Take podcast from Bloomberg News keeps you on top of the biggest stories of the day.

0:05.2

My fellow Americans, this is Liberation Day.

0:08.8

Stories that move markets.

0:10.4

Chair Powell opened the door to this first interest rate cut.

0:14.4

Impact politics, change businesses.

0:16.9

This is a really stunning development for the AI world and how you think about your bottom line.

0:23.9

Listen to the big take from Bloomberg News every weekday afternoon on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.

0:37.0

Bloomberg Tech is live from the heart of Silicon Valley with Ed Ludlow in San Francisco.

0:45.8

This is Bloomberg Tech coming up. President Trump posts about a chip agreement between Apple and Intel.

0:52.3

Sending Intel soaring, we'll have the details.

0:54.9

Plus, we speak with the CEO of Anderil after the company wins a production contract for

0:59.4

autonomous fighters with the US Air Force.

1:02.4

And SpaceX shares full for a second straight day after a 49% jumps, still in high orbit,

1:08.7

as the company concludes its first full week of trading.

1:13.6

Thursday, June 18th, Bloomberg Tech, Intel is at a record high after the President of the United States posted a very long

1:22.6

true social which included a reference to an agreement between Intel and Apple for chip design

1:31.3

and chip manufacturing.

1:34.0

A simple story.

1:35.4

There is some background to it that Bloomberg News has reported in the past.

1:40.0

It also talked about Nvidia, TerraFab and a lot more.

1:44.2

But it's Intel where we focus and Bloomberg's's Ian King, is with us, along with Bloomberg

1:48.0

Intelligence, senior analyst Mandip Singh, and we're going to start with Ian, an agreement.

...

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