Microsoft plans to announce several pieces of hardware and software related to consumer devices on Monday at an event at its Redmond, Washington, campus. The Windows maker is expected to reveal a new version of its Surface Pro tablet and Surface Laptop that feature Qualcomm chips based on Arm Holdings' architecture. After Intel's processors dominated the personal computer market for decades, Qualcomm and other makers of lower-power Arm components have tried to compete in the Windows-PC market.
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Apple faces challenges that have weighed on Apple stock, including slowing iPhone sales and lack of a strategy for artificial intelligence.