And the story gets juicier - both companies are to start off with manufacturing, but Intel wants to make chip designs for Apple in the future, and be its sole provider. ARM-based silicon is all the rage now, but Intel is planning to have its 22nm production process ready before anyone else, and should have benchmark-beating mobile chipsets by 2013.
All of this doesn't sound like Apple moving to Intel because it has something better to show than ARM in this very moment, but it sure sounds like Cupertino is trying to diversify from Samsung, which is producing the bulk of silicon that goes into the iPhone and iPad. Or maybe Apple just doesn't feel comfortable having all its eggs in one basket.
Still, that lawsuit it filed against the South Korean company might be having some repercussions already, after all. If that's the case, the probability of seeing AMOLED displays on Apple's gadgets is slowly approaching zero.