Apple Finalizes 1-Year Chip Deal With Intel as Supply Chain Issues Persist

5 articles · Updated · Benzinga · May 17

Apple has completed a chip supply agreement with Intel after more than a year of negotiations, marking an unexpected partnership for the iPhone maker.
Supply chain disruptions drove the deal, though neither company disclosed which Apple products will use Intel-made chips or when shipments will begin.
The agreement gives Apple another semiconductor source as it works to stabilize component availability across its hardware lineup.

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