Apple plans to replace Intel chips in Macs with its own: Bloomberg

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Go back to Apple plans to replace Intel chips in Macs with its own: Bloomberg

Jefferies Reiterates Underweight on Intel (INTC) Following Bloomberg Report

April 3, 2018 8:28 AM EDT

Jefferies reiterated an Underperform rating and $38.00 price target on Intel (NASDAQ: INTC) following a report by Bloomberg that Apple plans to use its own processors in its MAC PCs starting as early as 2020. This follows a similar report by Nikkei in Sep... More

Intel (INTC) Apple Fears 'Overblown' - Deutsche Bank

April 2, 2018 4:06 PM EDT

Deutsche Bank analyst Ross Seymore came out to defend Intel (NASDAQ: INTC) amid reports Apple will use its own ARM-based CPUs in Mac computers and replace processors from Intel, beginning as early as 2020. Seymore sees the fears as "overblown."

Seymore commented, "While we have no way to support or... More