- Intel contacted Apple and TSMC for support
- The investment of $ 5 billion from Nvidia highlights a pivotal moment in Intel’s turnaround
- Future agreements with so -called “magnificent 7” companies could decide the Intel recovery path
Intel is on an investment role at the moment, having concluded an agreement with the American government in exchange for participation in the company, then more recently, and above all, a mega agreement with Nvidia.
The GPU giant has agreed to invest $ 5 billion in the American Chip Maker, which will see Intel Design Custom X86 Chips for this. It turned out to be an intelligent investment for Nvidia which saw its market capitalization of 150 billion dollars after the news.
It could be just the start of Intel, however, because it leads to other investors to find new ways to relaunch his business.
Hello, is it Apple?
Reports of The Wall Street Journal Suggest that Intel had already approached Apple and TSMC before sealing the Nvidia agreement.
The two companies have long stories with Intel, although each one works in different directions.
Apple has abandoned Intel processors in MACs in 2020 in favor of its internal silicon, while TSMC manufactures not only for Apple, but also in competition with Intel in the foundry space.
Bloomberg Noted that Apple had engaged in conversations with Intel, although the Mac Maker concentrates firmly on personalized silicon built in the TSMC.
TSMC was quick to deny the reports, saying that he had not spoken to Intel and had no interest in a joint venture.
Analysts believe that Apple’s only interest could reside in Intel’s foundry services, in particular given the political pressure for greater American production.
Apple recently expanded its interior investment commitment to $ 600 billion, which could make the coating with strategically attractive intel.
Intel’s efforts occur at a critical moment. With two consecutive quarters of lump sum growth following previous declines, the company is under pressure to guarantee new partners.
Its market value has dropped to less than $ 160 billion while Nvidia exceeded 4 dollars.
Additional investments could ensure stability, but the hesitation of the potential partners could have the opposite effect and harm the momentum.
It seems likely that Intel will continue to approach the rest of the so -called magnificent 7 – Microsoft, Alphabet, Amazon, Meta and Tesla – before the end of the year.
Although everything cannot commit, even the limited membership of Apple or others would send a signal that the intel recovery strategy has the support of powerful industry players.
