Intel Approached Apple For Possible Investment, Report Says

Core Insights - Intel is in early discussions with Apple regarding a potential investment and increased collaboration, although the outcome remains uncertain [1][2] - Recent financial backing for Intel includes support from the U.S. government, Nvidia, and SoftBank, aimed at strengthening its business [1][5] Company Developments - Intel and Apple previously collaborated on chip production until Apple shifted to manufacturing its own processing units in 2020, introducing the M2 chip [2] - Intel's stock experienced a rise of up to 4% in premarket trading following the news of discussions with Apple, while Apple's stock saw a slight increase of 0.1% [3] Investment Landscape - Intel has been actively seeking investments and partnerships, reaching out to other unspecified companies [4] - The company has recently gained significant investments, including a $2 billion investment from SoftBank and a commitment from the U.S. government for a 10% stake in Intel [5]