The Intel share falls by 6% after the message that Microsoft is developing its own chips

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The shares of Intel Corp. closed on Friday after a message that Microsoft Corp. was developing internal chips for its servers and Surface PCs. Intel INTC,
-6.30%
shares closed 6.3% lower at $ 47.46 on Friday, while shares of Advanced Micro Devices Inc. AMD,
-0.95%,
which also makes CPUs closed 1% at $ 95.92. Microsoft MSFT,
-0.38%
plans to develop a chip using Arm Holdings PLC designs for its data centers, and is exploring the use of another chip to power its PCs, Bloomberg reported Friday. In September, Nvidia Corp. NVDA,
-0.52%
offered $ 40 billion to acquire Arm from Softbank Group Corp. 9984,
+ 0.05%
Nvidia shares closed 0.5% lower at $ 530.88. Microsoft stock ended 0.4% at $ 218.59. In November, Apple Inc. AAPL,
-1.59%,
who until recently relied on Intel chips released computers with chips designed in-house.

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