Particle.news

Download on the App Store

Intel Courts Apple for Investment as It Seeks Foundry Turnaround

Early outreach reflects Intel's bid to shore up its foundry comeback after recent government and corporate stakes.

Overview

  • Bloomberg, citing people familiar with the talks, reports Intel has approached Apple about an investment and closer collaboration, with discussions described as early and uncertain.
  • Recent backing includes a roughly 10% U.S. government equity stake, a $5 billion Nvidia investment tied to product co-development without foundry commitments, and $2 billion from SoftBank.
  • Intel and Apple declined to comment, while the initial report lifted Intel shares about 6% as Apple’s stock moved slightly.
  • Analysts and reporting suggest any Apple role would be strategic or symbolic for supply-chain diversification and U.S. manufacturing signals rather than a return to Intel processors.
  • CEO Lip‑Bu Tan is lining up partners and potential customers to validate Intel’s manufacturing road map, a key hurdle for its foundry ambitions after years of competitive setbacks.