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Stock impact report

The Wall Street Journal: Facebook to design its own chips as part of hardware push [MarketWatch]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: MarketWatch
Facebook to design its own chips as part of hardware push Facebook Inc. is planning to design chips that could be used in its consumer devices, artificial-intelligence software and data centers, according to a person familiar with the matter and recent job listings. The effort is part of the social-media company’s nascent push to develop more of its own hardware. The project to design custom chips, still in its early stages, could give Facebook FB, -1.36% greater control over the design and development of its various hardware projects under way, which include connected speakers and virtual-reality headsets, the person said. Other tech giants have gone the same route, including Alphabet Inc.’s GOOGL, -0.37% GOOG, -0.19% Google, which developed its own microprocessor chips to advance its work in artificial intelligence, search ranking and other features. In 2009, Apple Inc. AAPL, -0.22% launched its own chip-making effort to boost the power and efficiency of its devices. An Show less Read more
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