Allegro MicroSystems, Lam Research, and Applied Materials Shares Are Soaring, What You Need To Know - Yahoo Finance

On June 18, 2026, U.S. stocks surged in the afternoon session following a report that former President Trump announced that Apple had agreed to design and manufacture chips with Intel in the United St... Read original →

The Trump-announced Apple-Intel U.S. chip collaboration isn’t just industrial news—it’s a strategic linchpin in America’s semiconductor sovereignty push. Technically, it accelerates domestic adoption of advanced packaging and heterogeneous integration, forcing Lam and Applied Materials to fast-track High-NA EUV support modules and compelling firms like Allegro to reconfigure automotive-grade supply chains. Compliance-wise, CHIPS Act mandates could inflate capex by over 30%, while exposure to foundry disruptions from Taiwan, China necessitates costly hedging. TSMC and Samsung will likely expedite Arizona and Texas fab ramps to capture future Apple orders. Over the next 12–24 months, a U.S.-centric ‘design-fab-packaging’ loop will emerge—but yield ramp delays and talent shortages create a structural window for U.S.-Japan-Korea alliances with mature-node integration expertise. Markets have priced in optimism; sustaining high multiples now hinges on real orders, not political theater.