US Stock Market Move | Intel Corporation's (INTC.US) stock soared more than 10% at the opening bell as they announced a collaboration with Apple Inc. to produce chips in the United States.

On Thursday, Intel Corporation (INTC.US) opened up over 10%, and since the beginning of April, the stock has risen significantly, with an increase of over 200%. In terms of news, U.S. President Trump posted on his social media platform Truth Social on Thursday that Apple Inc. has agreed to cooperate with Intel Corporation to design and manufacture its chips domestically in the United States. Trump stated that the United States has long had leading chip design capabilities globally, but the manufacturing process has not been retained domestically. Therefore, one of his administration's key goals is to rebuild the U.S. semiconductor industry chain. In addition to disclosing the progress of the cooperation between Apple Inc. and Intel Corporation, Trump once again emphasized the support of the U.S. government for Intel Corporation.