Intel Approaches Apple for Investment After Tim Cook's Interest in Collaboration
Business/Tech

Intel Approaches Apple for Investment After Tim Cook's Interest in Collaboration

Intel is reportedly in talks with Apple to secure investment as part of its efforts to regain market relevance, following CEO Tim Cook's positive comments about seeing Intel return.

Intel is actively seeking investments from Apple after a substantial cash influx from various sources, including Nvidia and SoftBank. This engagement comes after Apple CEO Tim Cook expressed a desire to see Intel make a comeback. Currently, discussions are underway regarding potential collaboration between the two giants, although the details of these investment talks remain unspecified.

Intel has been facing considerable challenges, particularly with its recent chips performing poorly in gaming scenarios, especially when compared with competitors like AMD. The company acknowledges its past missteps and is looking to strengthen its position in the market, particularly with its upcoming Nova Lake processors which will rely on new investments.

In the past, Apple collaborated closely with Intel before shifting to its custom M-series chips in 2020. Tim Cook’s recent remarks highlight a renewed openness towards Intel’s return to the fold, suggesting a potential partnership that could benefit both companies.

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