Intel wants to invest from Apple, amid attempts to return to competition
Intel Corp communicated with Apple about obtaining an investment in the manufacturer of the troubled chips, according to people who are familiar with the case, as part of its efforts to improve its work, which is partially owned by the US government. People, who asked not to reveal their identity because the discussions are especially that “Apple” and “Intel” have also discussed the possibility of collaboration in a more closer way. They emphasized that the talks are still in their early stages and may not lead to an agreement. Trump: “Intel” has agreed to give the US government a 10% share of its shares. Such an agreement will come after an investment of $ 5 billion last week of “Invidia Corp”, which plans to work with “Intel” on chips for personal computers and data centers. Softbank Group, the Japanese technology giant seeking more expansion in the United States, announced a $ 2 billion to Intel last month. People added that “Intel” also contacted other businesses on possible investments and partnerships. Intel processors and will represent any agreement with Apple, who has been an important client of “Intel”, before making processors for the past five years – additional evidence of the company’s efforts to return. However, Apple is unlikely to use “Intel” processors in its devices, as the most developed chips are currently manufactured by its partner, “Taiwan Company for Semonuctor Manufacturing”. A “Intel” representative refused to comment, and a “Apple” spokesman did not respond to the request for comment. Leip-Pu Tan CEO is trying to revive Intel with the support of the federal government. In an unconventional agreement in which the Trump administration mediated in August, the United States acquired a share of about 10% in the company. Intel is considered a significant part of the recovery efforts of local production, a priority for the White House. Despite financial support, the challenges are “Intel” in the face, the challenges facing “Intel” are still enormous. The company, based in Santa Clara, California, has lost its long -term technological superiority and has waived market classes for competitors such as “Advanced Micro Devices”. It is also struggling to take advantage of the prosperous sales of artificial intelligence equipment, a field in which ‘invitation’ specialized. After it was the largest manufacturing business, ‘Intel’ now reaches a small part of the sales and market value of ‘Invidia’. It was also forced to take off workers and postpone the factories that expand plans to abandon their financial circumstances. However, investor confidence has increased its prospects since the government pumped money into it. The company’s share price has risen by more than 50% since the beginning of August. The value of “Intel” jumps about $ 24 billion … and the fear of repetition of the Internet bubble in return, Apple “tried to show its investment in the United States, although most of its production is still abroad. At an effective White House in August, the company announced plans to spend $ 600 billion to local initiatives over a four -year period, which increases from a previous promise of 500 billion. Extension was an investment of $ 2.5 billion in Corning Inc., the historical resource of the glass Apple.