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Intel has a preliminary deal with Apple to make chips for its devices.
Intel has a preliminary deal to manufacture chips for Apple devices, a major win for Intel.
KEY POINTS
- The US government played a significant role in facilitating the Intel-Apple chip deal negotiations.
- It remains unclear which specific Apple products will use Intel-manufactured chips.
- Apple's deal with Intel aims to diversify manufacturing away from exclusive reliance on TSMC.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →