半导体行业观察·2025-11-29 02:49Core Viewpoint - Apple may shift to Intel for its M-series chips by 2027, with significant implications for both companies, as indicated by supply chain analyst Ming-Chi Kuo [1][2][3]. Group 1: Potential Agreement with Intel - The likelihood of Apple entering into an agreement with Intel has increased recently, as Apple has signed a confidentiality agreement to procure Intel's 18AP PDK 0.9.1GA chips [1][3]. - If successful, Intel could start delivering entry-level M-series processors based on the 18AP advanced process node as early as Q2 or Q3 of 2027, depending on the progress after receiving PDK 1.0/1.1 [1][3][4]. Group 2: Strategic Implications - This potential deal could help Apple demonstrate its commitment to "buying American" by incorporating more domestic companies into its supply chain [2]. - For Intel, this agreement may signal the end of its most challenging period, with future nodes like 14A expected to attract more orders from Apple and other major clients, enhancing Intel's long-term outlook [2][3]. Group 3: Technical Aspects of 18A-P Process - The 18A-P process is designed for various power and voltage ranges, optimizing threshold voltage for better energy efficiency, aligning with Apple's high-performance chip design philosophy [4][6]. - Intel's 18A-P process is particularly attractive for companies focused on energy efficiency, and Apple is likely to lead the adoption of this process node [6]. Group 4: Production Estimates - By 2027, Apple is estimated to produce between 15 million to 20 million entry-level M-series chips for MacBook and iPad, indicating significant production capacity if the collaboration with Intel materializes [5].