Intel may get new investment opportunities

2024-09-23 14:01
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According to reports, Apollo Global Management is considering an equity investment of up to $5 billion in Intel. The move is seen as a vote of confidence in Intel's strategy to turn around losses. Intel's top executives are evaluating the proposal, and although the size and details of the investment have not yet been determined, there is a possibility that the negotiations will fall apart. Representatives of Apollo and Intel declined to comment.