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Intel gets Apollo offer to invest up to $5 billion
Intel stock jumps on rumors of $5 billion Apollo investment
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.
Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm Inc.
Intel is in talks to get an investment of up to $5 billion from Apollo, report says
Intel may receive a $5 billion investment from Apollo Global Management, Bloomberg reports, amid potential takeover talks with Qualcomm.
18h
Intel’s Chips on the Table
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep ...
TweakTown
19h
Intel scoops in $8.5 billion in new funding over the last few days, as Qualcomm eyes takeover
Intel takes in $8.5 billion of new funding from Apollo, in a move that would be a 'vote of confidence' in the company's ...
17h
Intel stock price today: 3 possible reasons why INTC shares are up
Chipmaking giant Intel Corporation has been the focus of a flurry of rumors over the last few days. Investors like what ...
Marketplace
8h
Intel, a household name in chips, is reportedly a takeover target
Reports spread over the weekend that the chip giant Qualcomm is interested in acquiring another chipmaking giant, Intel. Both ...
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