India, June 18 -- Intel's stock jumped about 9% in premarket trading on Thursday after fresh news about a major chip deal. The rise came after Donald Trump said Apple has agreed to work with Intel to design and build its chips in the United States.

Trump made this claim in a post on Truth Social, where he pushed the idea of bringing chip production back to America. Trump criticized past leadership, saying, "Stupid Presidents took our Economy for granted." He claimed this allowed other countries to take semiconductor leadership, saying they "let Taiwan and others steal our Semiconductor Factories."

Trump said Apple and Intel will now collaborate on designing and building chips inside the U.S. instead of overseas.

Intel shares were up ab...