Intel Shares Jump 6% After Reportedly Approaching Apple For Possible Investment

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 investments 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, with the latest being the M2 chip produced by Taiwan Semiconductor Manufacturing Company [2] - Following the news of potential collaboration, Intel's stock rose nearly 6% to just below $33, while Apple's stock saw a slight increase of 0.3% [2] Investment Landscape - Intel has been actively seeking investments and partnerships, reaching out to other unspecified companies in addition to discussions with Apple [4] - The Trump administration's support has positively impacted Intel's stock, with significant investments from SoftBank and Nvidia, including a $2 billion investment from SoftBank and a $5 billion share acquisition from Nvidia [5]