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April 2, 2018 06:40 pm

No More Intel Inside, Apple Plans To Use Its Own Custom-Built Chips in Mac

Apple is planning to use homegrown custom-built processors in its Mac line of computers, ditching Intel, the processors by which powers Apple's current line of computers, Bloomberg reported on Monday. The company could make the switch to its own chips as early as 2020, the report said. From the report: The initiative, code named Kalamata, is still in the early developmental stages, but comes as part of a larger strategy to make all of Apple's devices -- including Macs, iPhones, and iPads -- work more similarly and seamlessly together, said the people, who asked not to be identified discussing private information. The project, which executives have approved, will likely result in a multi-step transition. The shift would be a blow to Intel, whose partnership helped revive Apple's Mac success and linked the chipmaker to one of the leading brands in electronics. Apple provides Intel with about 5 percent of its annual revenue, according to Bloomberg supply chain analysis. Intel shares dropped as much as 9.2 percent, the biggest intraday drop in more than two years, on the news.

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