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Intel Gets Apollo Offer as Qualcomm Circles

Apollo has offered to make a multibillion-dollar investment in Intel, people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Caroline Hyde and Ed Ludlow on…

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Apollo has offered to make a multibillion-dollar investment in Intel, people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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1 Comment

1 Comment

  1. @yongchen8204

    September 23, 2024 at 6:26 pm

    semi fab bussiness does not bring you the profit, only the design bussiness gives instant profit and many more patents potential profit in the future. TSMC makes the chip, but does not design the chip, nor tsmc makes ic equipmemts for the chips. TSMC is an assmebly plant which sophiscate machinery imported from ASML. Nvidia does not make the chip, and it designs the chip. now it is big enough to buy 8 TSMC with the money it has.

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