- Intel has reached out to Apple and TSMC for support
- Nvidia’s investment of $ 5 billion highlights a central moment in Intel’s reversal
- Future deals with so -called “magnificent 7” companies could decide Intel’s recovery path
Intel is on an investment roll at the moment after securing an agreement with the US government in return for a share in the company and then recently and most importantly a mega agreement with Nvidia.
The GPU giant agreed to invest $ 5 billion in the US chipp producer, who will see Intel Design Custom X86 chips for it. It turned out to be a smart investment for NVIDIA that saw its market capital leap $ 150 billion after the news.
However, this may be the beginning of Intel, as the courts other investors to find new ways to revive their business.
Hi, is that Apple?
Reports from The Wall Street Journal Suggested that Intel had already approached Apple and TSMC before sealing the NVIDIA agreement.
Both companies have a long history of Intel, although each now operates in different directions.
Apple gave up Intel processors in MACs in 2020 in favor of its internal silicon, while TSMC not only manufactures for Apple but also competes with Intel in the founding room.
Bloomberg It noted that Apple had been involved in Intel conversations, although Mac Maker’s focus remains firm on custom silicon built on TSMC.
TSMC was quick to deny the reports and said they had not spoken to Intel and had no interest in a joint venture.
Analysts believe that Apple’s only interest can be in Intel’s foundry services, especially given political pressure for major US-based production.
Apple has recently expanded its domestic investment lift to $ 600 billion, which could make siding with Intel strategically appealing.
Intel’s efforts come at a critical time. With two consecutive quarters of flat growth after previous fall, the company is under pressure to secure new partners.
Its market value has gone to less than $ 160 billion, while Nvidia’s has risen past $ 4 trillion.
Additional investments could provide stability, but the hesitation of potential partners could have the opposite effect and damage momentum.
It looks like Intel is continuing to approach the rest of the so -called magnificent 7 – Microsoft, Alphabet, Amazon, Meta and Tesla – before the end of the year.
Although not everyone can commit, even limited buy-in from Apple or others would send a signal that Intel’s Turnaround strategy has the support of powerful industry players.
