Apple's Acquisition of Chip Design Firm Intrinsity Confirmed
The New York Times confirms that Apple has acquired Intrinsity, an Austin, Texas company that has played an integral role in speeding up ARM-based chip designs such as those used in Apple's iPhone OS devices. Speculation that Apple had purchased Intrinsity arose early this month, and MacRumors discovered evidence on professional networking site LinkedIn that seemed to confirm that a number of Intrinsity employees had transitioned to Apple.
Apple has finalized a deal to acquire a small chip company called Intrinsity, Apple confirmed. Intrinsity, of Austin, Tex., made a name for itself by creating a fast chip for mobile devices in cooperation with Samsung, both a partner and competitor to Apple.
Many experts in the chip industry have speculated that Apple relied on Intrinsity's chip as the basis for the main engine behind its new iPad.
As usual, an Apple spokesperson declined to comment further on the acquisition, acknowledging only that it occasionally purchases smaller companies and as a policy does not comment on plans for them.
Update: A revised and expanded version of the article now cites claims that Apple paid $121 million for Intrinsity.
Popular Stories
If you pay for certain iCloud+ storage plans beyond the 5GB that Apple offers for free, you will receive two more perks on iOS 27 at no additional cost.
A summary of the two new iCloud+ perks on iOS 27:Increased daily usage limits for some new Apple Intelligence features, including image generation in the revamped Image Playground app.
HomeKit Secure Video cameras receive generated video...
Apple's first product release of summer 2026 occurred this week, but do not get too excited, as it is merely the Beats Solo Buds in a new color.
Beats Solo Buds are now offered in orange through Best Buy in the U.S., with availability set to expand to 7-Eleven stores in Japan on July 4.
Apple already offered orange Solo Buds in India for free with the purchase of an iPhone 15 or iPhone 15 ...
Apple supplier Tata Electronics recently suffered a cyberattack that resulted in thousands of confidential files being published on the dark web, and this reportedly included some photos and documents related to the upcoming iPhone 18 Pro.
We have elected not to share any of the leaked photos in this story due to the illegal nature in which they were obtained, but they can easily be found...
