Intel

Ticker INTC

Today's data summary

Market open
% change
-0.52%
Price US dollars
51.45
Change
-0.27
As of 15:52 19 Jul 2018
Market cap. US dollars
239,710.40 million
As of 15:52 19 Jul 2018

Latest updates

Apple may take bite out of microchip market

Today Programme

BBC Radio 4

Apple logo
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On Monday, Bloomberg reported that Apple may start making its own chips in Mac computers within two years, replacing long-time partner Intel.

Jane Sydenham, investment director at Rathbones, tells the BBC's Today Programme that the move would make sense.

She says: "It would allow them to integrate all the software and apps across their product suite."

The news hit shares in Intel but she says that's an "over-reaction" pointing out that "chip-makers and processor manufacturers have had a really good couple of years".