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The companies had been engaged in intensive talks for more than a year.
Apple and Intel have reached a preliminary agreement for Intel to manufacture some Apple chips.
KEY POINTS
- The formal deal between Apple and Intel was reached after more than a year of negotiations.
- It remains unclear which specific Apple products will use Intel-manufactured chips.
- Intel recently partnered with Tesla and SpaceX to make processors for Elon Musk's Terafab project.
- Earlier reports indicated Apple also explored discussions with Samsung for chip production.
COMPANIES
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