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.