Apple Could Soon Be Buying iPhone and Mac Chips From Old Frenemy Intel

After more than a year of discussion, Apple and Intel established a preliminary agreement that will see Intel manufacturing processors for Apple devices, reports The Wall Street Journal . Intel would make chips based on Apple chip designs, much like TSMC. Prior rumors on Intel's Apple talks have suggested Intel could make some of the lower-end processors used in Apple devices, including the lowest-end M-series chip used in select iPad and Mac models.