Trump Promotes Apple to Collaborate with Intel on Chip Design

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.APPLE TO WORK WITH INTEL:President Trumpin social media, "The Technology the World relies on was invented in America. We all remember 'Intel Inside.' Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories. They forgot to protect our Industries with TARIFFS. When I won my Second Term (Third, actually!), it was clear America needed its Semiconductor Industry to come back to the U.S.A. We design everything, but we need to BUILD it here, NOW! So I decided to help Intel because we need to design and build our Chips right here in America. First, we helped bring in Nvidia, and they agreed to build their first level Chips with Intel. Next, Elon agreed to build his TerraFab, the largest Chip Factory in the World, designed together with Intel's Technology team. And, finally, Apple has agreed to work with Intel to design and build its Chips in America. We decided to help Intel in exchange for 10% of their shares. Is that too much or, too little? They were worth around 100 Billion Dollars when we made our offer. Now they are worth over 600 BILLION DOLLARS! Nine months, and they've increased in value over HALF A TRILLION DOLLARS. America's stake is now over 60 Billion Dollars. When was the last time a President made America money??"Semafor's Rohan Goswamivia X, "Inteland Applehave been in talks about potential US manufacturing for months, sources say. The status of those talks could not be learned. Intel executives were surprised by the President's post."U.S., IRAN DEAL:President Donald Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding aimed at developing a permanent peace deal to end the war between their two nations, officials said, according to's Dan Mangan and Eamon Javers. The signing came three days after Vice President JD Vance and Iranian Parliamentary Speaker Mohammad Bagher Ghalibaf digitally signed the same document, and hours after Trump mused about whether it was a wise idea for him to personally sign the document.DOW CONTRACT:Quantum Space has secured a Department of War Operational Energy Capability Improvement Fund contract for a fuel depot spacecraft demonstration that enables routine in-space refueling, extends spacecraft operational lifetimes, and provides the U.S. Space Force with greater flexibility and resilience across the space domain. Quantum Space is building the fuel depot on its highly maneuverable Ranger platform. The depot architecture refuels spacecraft and provides on-orbit logistics capabilities critical for sustaining U.S. space superiority in contested domains. Quantum Space recently announced a proposed business combination with Inflection Point Acquisition Corp. VI, which is expected to result in a company listing on Nasdaq later this year, subject to customary closing conditions, including required shareholder approvals and regulatory clearances.