Intel Shares Dip as Apple Plans Next Mac Chips

Apple is shifting more of its chipmaking in-house, aiming to release faster chips by 2021, potentially outperforming Intel. Although Intel gets less than 10% of its revenue from Apple, the shift could still result in a significant financial impact and accelerate changes in the industry. Intel currently holds 62% of the global PC chip market, but its revenue has been declining, with a 22% drop from the previous year, and the outlook for the fourth quarter is bleak.

What could be the potential financial impact on Intel if Apple continues to develop its own chips?

What has been the trend in Intel's revenue over the past year?