Intel shares tumble on report of Apple chip switch

Intel shares tumble on report of Apple chip switch

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/04/02/intel-shares-tumble-on-report-of-apple-chip-switch.html

Intel shares dropped sharply on Monday after a Bloomberg report that Apple would ditch Intel chips for an in-house model on Mac computers.

Shares of Intel fell as much as 9 percent after the Bloomberg report, which cited unnamed people familiar with the matter. Apple and Intel were not immediately available to comment on the report.