Apple as a Potential new Major Investor in Intel
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Intel (NASDAQ: INTC) has reportedly approached Apple (NASDAQ: AAPL) to discuss a potential investment in the US chip giant, according to Bloomberg. This move comes shortly after CEO Lip-Bu Tan secured several billion-dollar deals that provide Intel with fresh capital and new momentum. The news drove Intel's stock up by 6.4% on Wednesday. Billion-dollar windfall for Intel Since Lip-Bu Tan took office in the spring, Intel has launched a spectacular capital offensive. GPU giant Nvidia recently invested around $5 billion, acquiring about 4% of...
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