Bloomberg&#x27;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&#x27;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.<br>See omnystudio.com/listener for privacy information.

President Trump Announces Apple and Intel Chip Collaboration

Bloomberg Tech

# Full Transcript

**Podcast:** Bloomberg Tech

## Participants

- **Ed Ludlow** (Bloomberg)
- **Brian Schimpf** (Anduril)

## Transcript

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[SPEAKER_01] Bloomberg Tech is live from the heart of Silicon Valley with Ed Ludlow in San Francisco.

[SPEAKER_10] This is Bloomberg Tech. Coming up, President Trump posts about a chip agreement between Apple and Intel, sending Intel soaring. We'll have the details. Plus, we speak with the CEO of Anderil after the company wins a production contract for autonomous fighters with the U.S. Air Force. And SpaceX shares fall for a second straight day after a 49% jump. Still in high orbit as the company concludes its first full week of trading.

[SPEAKER_10] Thursday, June 18th, Bloomberg Tech. Intel is at a record high after the President of the United States posted a very long True Social, which included a reference to an agreement between Intel and Apple for chip design and chip manufacturing. A simple story. There is some background to it that Bloomberg News has reported in the past.

[SPEAKER_10] It also talked about NVIDIA, Terafab, and a lot more. But it's Intel where we focus. And Bloomberg's Ian King is with us, along with Bloomberg Intelligence senior analyst Mandeep Singh. And we're going to start with Ian. An agreement. What do we know? What do we not know?

[SPEAKER_21] Well, we've previously reported that Apple was exploring using Intel as a second source for manufacturing some of its chips. What the President is saying, and, you know, we have to be careful because not everything he says immediately comes true, that this has actually reached a firmer stage. And if that's the case, then that's clearly a boost for Intel's efforts to become a manufacturer for other companies.

[SPEAKER_10] Ian, really quickly, you reported with Mark and Ryan in May that Apple was looking at its opti...

President Trump Announces Apple and Intel Chip Collaboration

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

President Trump Announces Apple and Intel Chip Collaboration

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.