Intel explores $5 billion investment offer from Apollo amid market decline

www.techspot.com

Intel explores $5 billion investment offer from Apollo amid market decline

www.techspot.com

BrikoXM to

IntelEnglish · 2 months ago

Apollo has indicated in recent days that it would be willing to make an equity-like investment of up to $5 billion in Intel, reports Bloomberg, citing one...

Apollo has indicated in recent days that it would be willing to make an equity-like investment of up to $5 billion in Intel, reports Bloomberg, citing one of the people familiar with the matter.

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Intel Corporation is an American multinational corporation and technology company. Intel designs, manufactures and sells computer components and related products for business and consumer markets.

Intel supplies microprocessors for most manufacturers of computer systems, and is one of the developers of the x86 series of instruction sets found in most personal computers (PCs). It also manufactures chipsets, network interface controllers, flash memory, graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and other devices related to communications and computing. Intel has a strong presence in the high-performance general-purpose and gaming PC market with its Intel Core line of CPUs, whose high-end models are among the fastest consumer CPUs, as well as its Intel Arc series of GPUs.

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