Apple is introducing the first Macs with homegrown chips on Tuesday. Apple has yet to show the Macs themselves, but is detailing the M1, the chip that will power the new computers.
Why it matters: The move away from Intel processors could reduce costs for Apple and give the company more flexibility in design, but also adds short-term uncertainty as well as extra work for developers.
Apple's M1 processor has 16 billion transistors and an 8-core CPU (4 high-performance and 4 high-efficiency). Apple says the high-efficiency cores alone can deliver the same performance as current MacBook Airs at a quarter of the power consumption..
This event is still taking place. Check back for frequent updates.