Apple and Intel have reached a preliminary agreement for Intel to manufacture chips for Apple devices, as reported by the Wall Street Journal. The specifics of which Apple products will utilize these chips remain undisclosed. This deal follows over a year of negotiations and is poised to significantly enhance Intel's foundry business, aligning with CEO Lip-Bu Tan's efforts to rejuvenate the company. The agreement also coincides with U.S. government encouragement for tech companies to collaborate with Intel, following the government's acquisition of a 10% stake in the chipmaker.