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Apollo Proposes Up to $5 Billion Investment in Intel Amid Qualcomm Talks
Sep 22, 2024, 09:08 PM
Apollo Global Management has proposed a multibillion-dollar investment in Intel, according to Bloomberg and sources. The investment in $INTC could be as much as $5 billion and is described as equity-like. This move comes amid ongoing Qualcomm takeover talks and shows confidence in Intel's turnaround strategy.
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