Intel’s entry could weaken the Chinese manufacturers’ pricing power and offer better maintenance services given the company’s close proximity to the miners in North America, industry participants said.
Investors are focused on whether CEO Pat Gelsinger can improve Intel’s products quickly enough to halt market share losses to rivals and defections by customers who are beginning to design their own components.
With its new processors and devices, Apple is aiming squarely at the high-end chips that Intel has provided for the MacBook Pro and other top-end Macs for about 15 years.