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Intel and Apple hold investment talks, no deal in sight
Following investments by Nvidia and the US government, the chipmaker is looking at Apple to help continue its comeback. Here are the details.
Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government. An Intel investment could also benefit Apple’s efforts to appease the US government and show more commitment to domestic initiatives, which currently has the $600 billion American Manufacturing Program as its centerpiece. He began covering Apple news in Brazilian media in 2012 and later broadened his focus to the wider tech industry, hosting a daily podcast for seven years.
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