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Apollo Plans To Invest $5 Billion In Intel
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 Stock Rises on Report of Apollo Investment. What Wall Street Thinks.
Apollo Global Management offers to invest as much as $5 billion in Intel, possibly in return for equity in the company, according to a report.
Why Intel Stock Jumped Today
Right now, it looks more likely that Intel will seek new funding from outside investors and public sector sources or sell off pieces of its business. The company's stock could get a boost if initiatives along these lines are successful, but the business' long-term outlook remains complicated and is shrouded by uncertainty.
1d
Intel Just Got Some More Good News. Is the Turnaround for Real?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
2h
Intel launches new AI chips as takeover rumors swirl
Intel debuted two new chips designed to power AI systems on Tuesday amid reports that Qualcomm is looking to takeover the ...
MarketWatch
1d
Intel Stock Advances After Report of Apollo Offer
Shares of
Intel
advanced following a Bloomberg report that
Apollo
Global
Management
has offered to make a multibillion-dollar investment in the company. The
stock
was up 2.7% at $22.45 in ...
SchaeffersResearch.com
1d
Intel Stock Rises as Suitors Circle
Chip stock Intel (INTC) is higher today as buyout, investment rumors swirl with Apollo (APO) and Qualcomm (QCOM) ...
The Tokenist
1d
Why Intel’s Stock (INTC) is Gaining in Premarket Trading Today
Intel Corp. faces potential transformation as Apollo Global Management offers a multibillion-dollar investment and Qualcomm ...
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