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Intel Approaches Apple for Potential Investment in Early Talks

The outreach follows fresh backing from Nvidia alongside a reported U.S. stake, signaling Intel's push to steady its turnaround.

Overview

  • Bloomberg reported that Intel has asked Apple to consider an investment and the companies discussed closer collaboration, but the talks are early and may not yield an agreement.
  • Apple and Intel declined to comment on the report, which cited people familiar with the matter.
  • Intel shares rose roughly 6% after the news while Apple slipped about 1%, reflecting investor focus on Intel's financing options.
  • Intel recently secured a $5 billion investment from Nvidia and is described in reports as having the U.S. government move toward a roughly 10% stake.
  • The outreach to Apple comes after weeks of heightened scrutiny that included President Trump urging CEO Lip‑Bu Tan to resign and Tan publicly rejecting the criticism.