I’ve been talking about this so long as to be amazed that it hasn’t happened yet.  At the depressed levels INTC is trading at, this would be bullish although an admission that they aren’t the dominate force they once were.  I think everyone already knows this except Intel.

By Noel Randewich and Nadia Damouni

SAN FRANCISCO/NEW YORK | Thu Mar 7, 2013 3:11am EST

(Reuters) – Intel’s next CEO is likely to shepherd the top chipmaker into a growing contract-manufacturing business, a strategic shift that could lead to a deal with Apple Inc and give it a fighting chance to make inroads in the mobile arena.

via Analysis: Next Intel CEO to guide new business, maybe Apple deal | Reuters.