Apple, Intel Discuss Investment as Tech Alliances Reshuffle

Apple could join Nvidia and the U.S. government in shoring up Intel. The talks are reportedly in very early stages.

Intel has approached Apple to consider investing in its chip-making operations, according to a report from Bloomberg on Wednesday. The talks are in early stages, and an agreement may not be reached, the sources said. Apple is among several companies Intel has approached for potential partnerships or investments, Bloomberg reported.

What does this mean for Intel’s chip business?

Once a tech giant, Intel has been overshadowed by Nvidia. The future of Intel’s foundry business — which former Intel CEO Pat Gelsinger sought to expand — and the future of Intel’s upcoming 14A production process, are in flux. However, finding new customers appears more plausible today than earlier this summer. Intel’s stock has surged, climbing 60% since early August.

In July, Intel CEO Lip-Bu Tan said ...