"Struggling" Intel Makes Push, Requests Investment from Apple

Bloomberg: "Talks in Early Stages"
Intel Shares Rise 6.41%

According to a report by Bloomberg on September 24 (local time), Intel, which has been struggling with management difficulties, has requested investment from Apple to strengthen its semiconductor business capabilities.

Sources say that Apple and Intel have held private discussions on closer cooperation. However, they added that the negotiations are still at an early stage and may not result in an agreement.

Following this news, Intel’s share price closed up 6.41% on the New York Stock Exchange that day.

Intel has recently been attracting investments from major companies in succession. On September 18, Nvidia invested 5 billion dollars in Intel and agreed to jointly develop chips for PCs and data centers. Last month, Japan’s SoftBank Group announced a 2 billion dollar investment in Intel.

According to sources, Intel has also been reaching out to other companies for investment and partnership opportunities.

If Intel succeeds in securing investment from Apple, which was once a long-standing client, it is expected to further boost Intel’s efforts to normalize its business. Apple has been using its own custom-designed chips for the past five years.

However, Bloomberg assessed that it is unlikely Apple will return to using Intel chips in its devices. Currently, Apple’s most advanced chips are manufactured by TSMC, the world’s largest foundry (semiconductor contract manufacturer).

There is a possibility that an investment from Apple could materialize, given Apple’s recent expansion of investments in the United States. In August, Apple announced at the White House that it would invest 600 billion dollars in its U.S. operations over the next four years. Subsequently, it invested 2.5 billion dollars in Corning.

Apple CEO Tim Cook said in an interview with U.S. business outlet CNBC last month, “I would like to see Intel come back.”

Intel, which has been facing management difficulties, became a key company in strengthening the domestic semiconductor industry-a top priority of the Donald Trump administration-when the U.S. government acquired about a 10% stake in August. However, Intel continues to struggle, having lost its technological edge and fallen behind competitors such as AMD, and it has yet to deliver notable results in artificial intelligence (AI).

This content was produced with the assistance of AI translation services.