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Intel Courts Apple for Potential Investment in Early Talks

The outreach underscores Intel’s push to add marquee backers as it works to revive its business and validate its foundry strategy.

Overview

  • Bloomberg reported that Intel has approached Apple about an investment and the companies have discussed closer cooperation, with talks described as early and uncertain.
  • Neither company commented on the report, and Intel shares rose about 6% after the news as Apple edged slightly lower.
  • The approach follows recent backing that includes Nvidia’s $5 billion stake with a chip co‑development pact, a $2 billion investment from SoftBank, and a roughly 10% U.S. government stake tied to CHIPS funding.
  • Coverage notes that any Apple involvement is unlikely to signal a return to Intel processors in Macs, with potential cooperation more plausibly involving packaging or foundry‑related work.
  • Intel is canvassing other partners as it restructures and seeks foundry customers, and Apple CEO Tim Cook recently said competition would be healthy and that he would like to see Intel recover.