Overview

• Bloomberg reporting says Intel has approached Apple about an investment and closer cooperation, with discussions described as early and without agreed terms.
• Potential collaboration could include technology projects, according to coverage citing people familiar with the matter.
• The outreach follows fresh backing for Intel, including more than $10 billion from the U.S. government, $5 billion from Nvidia, and a $2 billion stake from SoftBank.
• Intel shares rose about 6.4% on the news as Apple stock edged slightly lower, reflecting investors’ initial read on the talks.
• Analysts view a return to Intel processors in Macs as unlikely given Apple Silicon and TSMC production, while Intel continues restructuring with leadership changes and layoffs under CEO Lip-Bu Tan.