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



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FRANKFURT (Dow Jones) – Intel stock was under pressure on Wall Street on Thursday and lost 1.8 percent. The bottom line was a Bloomberg report, according to which Apple plans to sell computers with its own processors starting in 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, citing several unidentified sources, said Apple would focus on working with Taiwan Semiconductor Manufacturing to make chips with 5-nanometer technology. Spokespersons for Apple, Intel and Taiwan Semiconductor declined to comment on the Bloomberg report. Apple shares closed at a 0.4 percent discount.

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DJG / DJN / ros

(END) Dow Jones Newswires

April 23, 2020 4:57 PM ET (8:57 PM GMT)



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