Apple to stop using Imagination Technologies GPU tech within two years in favor of its own custom architecture, $IMG stock falls by 70%

Apple to stop using Imagination Technologies GPU tech within two years in favor of its own custom architecture, $ IMG stock falls by 70%

Up to now, Apple’s custom silicon-on-a-chip (A10 Fusion, A9, A8 etc) have relied heavily on GPU designs from Imagination Technologies for graphics performance tasks. This means Apple pays Imagination a royalty for every iPhone and iPad sold …
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