Intel Shares Dip as Apple Plans Next Mac Chips
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Apple is shifting more of its chipmaking in-house, aiming to release faster chips by 2021, potentially outperforming Intel. Although Intel gets less than 10% of its revenue from Apple, the shift could still result in a significant financial impact and accelerate changes in the industry. Intel currently holds 62% of the global PC chip market, but its revenue has been declining, with a 22% drop from the previous year, and the outlook for the fourth quarter is bleak.
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What could be the potential financial impact on Intel if Apple continues to develop its own chips?
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What has been the trend in Intel's revenue over the past year?
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