Intel is still trying to expand its number of technological investors in draft. Everything indicates that the next one can be Applewhich according to Bloomberg is negotiating with Intel in order to make a multi -million dollar investment in the company.
Apparently it has been Intel that took the first step, and in addition to an economic injection, on the table there is the possibility that both companies return to work together again. Of course, negotiations may not prosper, since they are still in their early stages.
This news comes after Intel has reached several draft investment agreements in recent weeks. Among them, 2 billion dollars of softbank and 5,000 million dollars of Nvidia. In addition, the United States government has been left with company titles equivalent to 9.9% of its shares through an investment of 8,9 billion dollars linked to the US Chips Law.
With these investment agreements, Intel hopes to get out of the crisis in which he is immersed, after a fall in the value of his shares for various reasons that has made his value in the stock market, and that he has harmed its design and manufacturing processes of chips. In addition, it has led to thousands of layoffs and a radical change in itself, with the departure of its previous CEO, Pat Gels, replaced by Lip-Bu Tan, and many of its main managers.
Some time ago, Apple was one of Intel’s main clients, but after 15 years of collaboration he broke his agreement with the company in 2020, when he decided to use his own processors based on ARM architecture on MAC. Then he hired the TSMC services, Intel’s rival, to manufacture them.
An investment in Apple in Intel, if produced, will not lead to an agreement that makes the company incorporate Intel chips to its devices, so it is not very clear how the two companies could return to work in the production and design of chips.
However, Apple may decide to opt for another type of collaboration and maintain your economic investment. Of course, it has an economic muscle to be able to do it, and a program for it. At the beginning of last August, the company announced a program called American Manufacturing Program (AMP), which he has endowed with 600,000 million of dollars that will allocate to support and boost the production of chips in the United States, as well as reinforce the chip supply chain in the country.
Until now, the AMP program has achieved several partners, such as Applied Materials, Amkor, Broadcom, Corning, Coherent, Globalfoundries, Globalwafers America, Samsung, Texas Instruments and TSMC.