Home » today » Technology » Intel shares fall after report on Apple’s own processor development | 04/23/20

Intel shares fall after report on Apple’s own processor development | 04/23/20

FRANKFURT (Dow Jones) – The Intel share was under pressure on Thursday on Wall Street and lost 1.8 percent. The background was a Bloomberg report, according to which Apple plans to sell computers with its own processors from 2021. The group plans to launch at least one Mac with its own chip next year, but is currently working on three processors.

The report, which cited several unnamed sources, said Apple would focus on working with Taiwan Semiconductor Manufacturing to manufacture chips using 5-nanometer technology. Apple, Intel, and Taiwan Semiconductor spokesmen declined to comment on the Bloomberg report. Apple shares closed at a discount of 0.4 percent.

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DJG / DJN / ros

(END) Dow Jones Newswires

April 23, 2020 16:57 ET (20:57 GMT)

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