- Intel has already obtained $ 5 billion from Nvidia and $ 8.9 billion from Trump
- TSMC and Apple were also targeted for investments
- Tim Cook “would love to see Intel come back”
Intel had apparently approached Apple and TSMC for an investment before concluding its recent mega agreement with Nvidia, The Wall Street Journal reported, making a fairly interesting offer.
Intel, which recently concluded an agreement with the US government in exchange for participation in the company, relies and competes with TSMC of Taiwan, with many of its processors, GPUs and networks in fact outsourced in TSMC.
However, with the foundry company which does not guarantee major customers, the company has been faced with difficulties in recent years.
Intel looked for offers from rival companies
TSMC was not the only company that Intel had approached – Bloomberg Noted that the flea manufacturer has also embarked on conversations with Apple, who used Intel fleas in Macs between 2005 and 2020 before moving on to owners based on ARM.
Apple CEO, Tim Cook, has already noted publicly: “We would be delighted to see Intel come back.”
In the end, Intel obtained an investment of $ 5 billion in Nvidia – more than half of the $ 8.9 billion in US government investment in the flea manufacturer – in a previously unsuspected decision.
Intel had previously covered the market, letting Nvidia focus on game applications, but in mid-2010, Nvidia’s market capitalization adopted Intel at 250 billion dollars. Today, Nvidia is worth 4.32 billions of dollars and Intel fell to only $ 158.7 billion.
Analysts are now considering new investments as essential for Intel’s success in the future. If the company concludes an agreement with Apple, this would mark growing confidence in Intel recovery efforts under the new management of the CEO LIP-BU TAN, but the fact of not collecting signatures could harm the growing momentum of the company.
Only time will tell us if Intel can turn around, but one thing is certain. With two consecutive quarters of zero growth after a period of decline, the company needs drastic action.