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Apple (AAPL) plans to move from Intel (INTC) to its own Mac chips - Bloomberg

April 2, 2018 1:45 PM

Apple (NASDAQ: AAPL) plans to move from Intel (NASDAQ: INTC) to its own Mac chips, Bloomberg reported.

The Apple Mac chip move is said to begin as soon as 2020, the report added.

The Apple initiative is code-named Kalamata and is part of a larger plan to make all of Appleā€™s devices work more similarly and seamlessly together.

Apple makes up about 5% of Intel's annual revenue.

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