Intel Said to Seek Investment From Apple

Intel, the semiconductor giant, is reportedly seeking investment from Apple as it aims to revive its struggling business. According to sources familiar with the matter, the two tech companies have held discussions about a potential investment that could help Intel strengthen its financial position. Intel, once a dominant force in the chip industry, has faced significant challenges in recent years as it struggles to keep up with the rapid technological advancements and changing market dynamics. The company is now exploring various options, including seeking external investment, to help it navigate this challenging period and regain its competitive edge. The details of the discussions between Intel and Apple remain limited, and it is unclear whether any formal agreement will materialize. However, the potential investment from Apple, a major player in the tech industry, could provide Intel with the resources and expertise needed to accelerate its transformation and maintain its relevance in the rapidly evolving semiconductor market.