How Badly Will Apple's In-House CPU Move Hurt Intel?
Apple (NASDAQ: AAPL) recently announced it will gradually replace Intel's (NASDAQ: INTC) chips with its own custom ARM-based chips in its future Macs over the next two years. The new Macs will run on Apple's custom system on chips (SoCs), which bundle together a first-party CPU, GPU, and SSD controller.
The announcement, which was made at Apple's annual Worldwide Developers Conference (WWDC), will finally end the tech giant's relationship with Intel, which started in 2005 after the former stopped using Power PC processors.
The news wasn't surprising since rumors regarding Apple's plans to drop Intel have circulated over the past two years. Intel's ongoing chip shortage, caused by its troubled development of 10nm chips, likely hastened Apple's decision. Should Intel's investors fret over the loss of this major client?
Source Fool.com
