Tim Cook confirmed Apple price increases are coming due to a DRAM shortage. Learn which products are affected, how much more the iPhone 18 Pro could cost, and what's already changed.

Intel Corp.’s stock surged Thursday after US President Donald Trump said the chipmaker will work with Apple Inc. to design and produce semiconductors domestically.

The Apple deal validates Intel as a viable TSMC alternative, likely attracting further high-profile clients amid U.S. government support.