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Intel gets Apollo offer to invest up to $5 billion
Intel stock jumps on rumors of $5 billion Apollo investment
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.
Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., 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 Inc.
Apollo eyes $5 billion investment in Intel, Bloomberg News reports
U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel , Bloomberg News reported on Sunday.
Qualcomm, Intel
Intel scoops in $8.5 billion in new funding over the last few days, as Qualcomm eyes takeover
Intel takes in $8.5 billion of new funding from Apollo, in a move that would be a 'vote of confidence' in the company's turnaround strategy.
Qualcomm buying Intel doesn't make sense, says Wall Street's top chip analyst
Intel's semiconductor factories present a major challenge for Qualcomm's possible acquisition.
Why Some Analysts Say Qualcomm's Potential Takeover of Intel is 'Impractical'
Key Takeaways Qualcomm reportedly came to Intel recently with interest in a potential takeover.Such a deal could offer a lifeline for Intel's foundry business and position Qualcomm as a dominant player in the PC processor market.
1d
Intel’s Chips on the Table
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep ...
5h
Huge News for Intel Stock. Is it Time to Buy?
The storied semiconductor giant is going through a rough patch. Customers are now lining up to help it get through to the other side.
1d
Intel stock price today: 3 possible reasons why INTC shares are up
Chipmaking giant Intel Corporation has been the focus of a flurry of rumors over the last few days. Investors like what ...
SchaeffersResearch.com
23h
Intel Stock Rises as Suitors Circle
Chip stock Intel (INTC) is higher today as buyout, investment rumors swirl with Apollo (APO) and Qualcomm (QCOM) ...
1d
on MSN
Intel stock forecast as a new twist emerges
Intel (INTC) stock price will be in the spotlight on Monday as investors reflect on the rumoured offer by Qualcomm and news ...
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