- Intel has already secured $ 5 billion from NVIDIA and $ 8.9 billion from Trump
- TSMC and Apple have also been targeted at investment
- Tim Cook would “love to see Intel come back”
Intel had apparently approached Apple and TSMC for an investment before it hit its recent mega agreement with Nvidia, The Wall Street Journal has reported, giving a pretty interesting bid.
Intel, who recently secured an agreement with the US government in return for a share in the company, both depends on and competes with Taiwan’s TSMC, with many of its CPUs, GPUs and network chips actually outsourced to TSMC.
However, the company has exposed matches in recent years with the foundry company, which does not secure any major customers and has been exposed to matches in recent years.
Intel sought bids from rival companies
TSMC was not the only company that Intel had approached – Bloomberg It noted that the chipmaker has also engaged in conversations with Apple, which used to use Intel chips in MacS between 2005 and 2020 before switching to arm-based proprietary SOCs.
Apple CEO Tim Cook has already publicly noticed: “We would very much like to see Intel come back.”
Ultimately, Intel secured an investment of $ 5 billion from Nvidia – more than half of the $ 8.9 billion US government investments in the chipmaker – in a previously not -tained step.
Intel had previously covered the market, leaving NVIDIA to focus on game applications, but by mid -2020 NVIDIA’s market capital Intels passed at $ 250 billion marked. Today, Nvidia is worth $ 4.32 trillion and Intel has fallen to just $ 158.7 billion.
Analysts now see further investments as critical for Intel’s success in the future. If the company scores an agreement with Apple as Apple, it would mark growing confidence in Intel’s turnaround efforts under the new management of CEO LIP-BU TAN, but failure to collect additional signatures could damage the company’s growing momentum.
Only time will show if Intel can turn itself, but one thing is for sure. With two consecutive quarters of zero growth after a period of decline, the company needs drastic action.
