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Apple Nears Intel Chip Deal to Cut TSMC RelianceCEO of Intel Corporation, Chairman of Walden International, Founding Managing Partner of Walden Catalyst Ventures
Apple has reached a preliminary manufacturing agreement with Intel, according to the Wall Street Journal — a notable shift for a company that has relied exclusively on TSMC for over a decade. The deal would help Apple diversify chip supply amid ongoing constraints that the company says held back iPhone and Mac sales in its March quarter. Intel, now under CEO Lip-Bu Tan, is aggressively courting external customers for its foundry business; its stock jumped more than 15% on the news. Bloomberg separately reported Apple is also exploring a similar arrangement with Samsung.
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