RBC analyst Doug Freedman says Apple may want Intel to build Apple's ARM-based smartphone chips. In exchange, Apple would use Intel's X86 processors in certain new devices, like the next version of the iPad.
Apple currently relies on Samsung to build its iPhone chips, but is trying to wean itself away from reliance on the Korean tech giant because of its ongoing patent disputes with the device maker.
Intel chips already power Apple’s Mac line, so assuming Intel could meet Apple’s power and energy requirements, bringing Intel to the iPad or perhaps the rumored Apple TV, isn’t out of the question.
"We believe Intel has the upper-hand due to the limitations of capacity at alternative sources … as the demand is outstripping Apple's ability to add supply," Freedman said, according to a report in CNet.