The company announced that it will be making its own chips for its Mac computers by 2020, which sent Intel stock tumbling as much as 9.2 percent before finishing the trading day down 6 percent.
Both Intel and Apple are significant employers in Ireland, employing around 4,000 and 5,000 people, respectively.
What appeared to be troubling news for Intel came as the California-based company worked to get to market with chips created to address vulnerabilities disclosed earlier this year.
The shift would be a huge strike to Intel, which has been supplying the smartphone maker with processors since 2005.
While the project is "still in the early developmental stages", Kalamata has been approved by Apple executives and is expected to "result in a multi-step transition", the news site says. Reports suggest Apple is working on software known has Marzipan that would allow Macs to run iOS applications. In particular, the latest generation of Apple's A-series chips has regularly outstripped the Intel processors in Macs in various benchmarking tests.
Intel is reliant on the world's largest technology company for around 5pc of its annual revenue and refused to "comment on speculation" regarding the loss of its biggest client. Now, it remains to be seen how and when Apple makes the move, and what benefits the new Apple-designed chipsets will bring to the table. Instead of putting efforts to make changes to the app again, Instagram chose to end support for the Apple watch. An Apple with the capability to manufacturer processing chips for its own products can also start providing them to other companies. It has also used ARM-based co-processors for special functions such as the Touch Bar and Power Nap features on MacBooks. Companies such as Dell, HP, Lenovo, and a handful of others rely on Intel for their computers' chips. In fact, Apple's newest iPad and iPhone models have become far more powerful than its previous Macs. A dip of such magnitude qualifies as the largest intraday dip for Intel since the last two years. The growth came even as PC sales declined slightly to 259.5 million units, the smallest drop since 2011, according to data from research firm IDC. It's entirely possible for Apple to either abandon such plans or delay them.
The 50-day moving average is perceived to be the dividing line between a stock that is technically healthy and one that is not. Sears shares were trading 4.5 percent higher and Delta shares were trading 0.9 percent higher midday on Thursday.
He has already stared them down over easing labor laws. "I hear that there may be fears on the part of the railway workers". Macron wants to transform SNCF, which adds €3 billion to its 47 billion euro debt pile each year, into a profit-maker.
Nebraska pharmacies can dispense naloxone without a prescription , said Joni Cover, CEO of the Nebraska Pharmacists Association. The rising price of naloxone has become a major problem as tens of thousands of people die from opioid overdoses each year.
NASA will still have to get through quite a bit of red tape now preventing supersonic flights from taking place over land. This week we're getting an idea of what it'll be like to travel at supersonic speeds thanks to NASA's newest initiative.
Today, the civil rights leader remains an iconic figure whose words continue to inspire people around the world. Now 70, she said she came to Memphis not only to honor King's legacy but to call for his work to be continued.
While this feature is also available on last year's Nokia 8 , the Nokia 8 Sirocco can take better shots in Bothie Mode. Miscellaneous features include 4G VoLTE compatibility, Type-C USB, rear-mounted fingerprint sensor, and Bluetooth 5.0.
The official did not divulge those details, but said Russian involvement in the attack is the only "plausible explanation". Putin said the type of the nerve agent used in the March 4 poisoning could be made in some 20 nations.
According to a press release from the squadron, the crash happened during routine training Wednesday morning around 10:30. The cause of the crash was not immediately known and the Accident Investigation Board of the Air Force was investigating.
The addition of Griffin doesn't preclude the Ravens from selecting a quarterback in this month's draft. "I really feel that way". Ravens Head Coach John Harbaugh is optimistic about the signing; saying the deal was a bargain and that it improved the team.
Prince Philip due to have hip surgery
He did not accompany Elizabeth to a church service on Maundy Thursday because of the hip problem, a royal source said last week. He retired from public life previous year but has since appeared several times at royal engagements alongside Queen Elizabeth.
Seriously injured people to be evacuated from Douma
The government's initial statements reported two buses, and then four buses, leaving the rebels' last stronghold in the area. Separately, in Duma, one of the biggest districts in Eastern Ghouta , 89 injured and sick people were also evacuated.
Election Expands Liberals' Presence on Wisconsin Supreme Court
In Outagamie County, Dallet bested Screnock by 12 percentage points while Walker won that county in 2014 by 20 percentage points. "I attribute it to Wisconsin voters standing up to special interests", said Dallet, a Milwaukee County Circuit Court judge.
Marvel's Spider-Man releases this September
Negative, Nerdist reported that Mister Negative is able to take on Spider-Man with "concussive force" as a result of his powers. Therefore, we're more than excited to anticipate the whole upcoming month of Spider-Man coverage on GameInformer .
UK Manufacturing Activity Maintains Steady Growth In March
A separate but similar survey from IHS Markit indicated manufacturing growth was at its highest level in three years. For China , which is in the midst of a tariff battle with the US , new factory orders and exports have been muted.
Prince Philip Hospitalized, Will Undergo Hip Surgery
At a ceremony commemorating Britain's war dead in November, he appeared to be having trouble standing and leaned against a wall. However, the Duke of Edinburgh attended Christmas services with his family in December, and was seemingly in good spirits.
Trump to send military to Mexican border
In recent days he raged at Mexico for allowing a " caravan " of 1,500 migrants from Central America to walk toward the USA border. President Donald Trump told reporters at the White House on Tuesday that he would dispatch US troops to the US-Mexico border.
Legal marijuana tied to drop in opioid prescriptions
According to the Centers for Disease Control and Prevention more than 90 Americans a day die from opioid overdose . The new studies don't directly assess the effect of legalizing marijuana on opioid addiction and overdose deaths.