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Chips, Apple suppliers drop on Intel news

Published 04/02/2018, 02:28 PM
© Reuters.  Chips, Apple suppliers drop on Intel news
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  • Bloomberg’s report that Apple (NASDAQ:AAPL) might abandon Intel (NASDAQ:INTC) chips in future Macs is pulling down shares of other chip companies and Apple suppliers.
  • Peers on the move: CyberOptics (CYBE -8.3%), Amkor Tech (AMKR -5.3%), AMD (AMD -5.1%), Applied Materials (AMAT -5.1%), Lam Research (LRCX -5.1%), ON Semiconductor (ON -5.2%), Teradyne (TER -5.1%), Maxim Integrated Products (MXIM -5%), Cypress Semiconductors (CY -4.8%), Nvidia (NVDA -5.3%), Cirrus Logic (CRUS -4.8%), Maxwell Technologies (MXWL -3.9%), Skyworks Solutions (SWKS -4.1%), STMicroelectronics (STM -3.9%), Qualcomm (QCOM -3.8%), and Marvell Tech (MRVL -4.2%).
  • The Philadelphia Semiconductor Index is down 4.5%.
  • Previously: Bloomberg: Apple will stop using Intel chips in Macs; INTC shares -8.7% (April 2)
  • Now read: Thanks To AMD, Intel Is Making Better Processors For Virtual Reality And Gaming Computers


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