Intel shares fall 6% after Apple said to be planning to design chips for computers in-house

Apple is reportedly planning to drop Intel chips from its Mac computers as early as 2020, replacing them with processors designed in-house in the same way the company manufactures iPhones and iPads.

The plan, reported by Bloomberg, has been rumoured for several years, as Apple has taken on more chip design for devices. The company’s A-series of processors, currently capped by the A11 Bionic chips used in the iPhones 8, 8 Plus and X, are all designed by the company for specific purposes, and based on an architecture licensed from British firm ARM.

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Read More Chips are down: Apple to stop using Intel processors in Macs, reports say

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