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WSJ Tech News Briefing

TNB Tech Minute: Apple and Intel Reach Preliminary Chip-Making Deal

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 8 May 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Nintendo projects softer year ahead and lower Switch 2 sales. And shares of cloud infrastructure company Akamai jump. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Right, home from work, walk the dog, kids are back.

0:04.4

Mom!

0:05.0

Up the stairs for something.

0:07.8

Ugh, back down, no idea what I went up for.

0:12.0

Mom, what's for dinner?

0:13.6

Chop, sizzle, done.

0:17.1

Hello, fresh, can't slow life down, but it makes bringing everyone together around the table a whole lot easier.

0:23.4

So its phones down, forks up.

0:25.5

Hello Fresh. Bring back dinner time.

0:31.3

Here's your afternoon TNB Tech Minute for Friday, May 8th.

0:35.2

I'm Julie Chang for the Wall Street Journal.

0:39.3

We exclusively report that Apple and Intel have reached a preliminary agreement for Intel to manufacture some chips for Apple

0:45.3

devices. People familiar with the matter say the deal follows more than a year of intensive talks,

0:51.0

which were first reported by Bloomberg. While it remains unclear which specific

0:54.8

products the chips are for, the move helps Apple diversify beyond its primary supplier, TSM.

1:01.0

Representatives for both companies declined to comment. The Trump administration played a key

1:05.5

role in making the deal happen. The administration last summer struck a deal to convert

1:10.0

nearly $9 billion in federal grants

1:12.8

into Intel stock, giving the U.S. government a 10% stake in the chipmaker.

1:18.6

Nintendo projected a softer year ahead, despite reporting strong annual earnings. For the 12 months

1:25.2

ended March, the Japanese video game maker makers net profit rose 52% to about

1:31.0

$2.7 billion, beating analyst estimates. For the current fiscal year, Nintendo projected revenue

...

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