This story originally appeared on Zacks

Microsoft MSFT recently rented key Apple AAPL Engineer Mike Filippo to speed up the process of developing custom chips and reduce reliance on third party vendors. Filippo has been working with Apple for two years.
Microsoft has been developing internal processors for the servers that run its cloud computing services and the Surface line of personal computers since December 2020.
Microsoft relies heavily on Intel INTC and modern micro devices AMD for the chips that support Microsoft’s cloud computing platform Azure and PCs.

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Microsoft manufactures its own chips in order to maintain a dominant market share

Microsoft has a dominant position in the desktop PC market, with its operating systems used in most PCs around the world. However, the company relies heavily on Intel and AMD to provide the chips for its various computing and cloud …

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