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    • Pat Gelsinger

    Intel shares rise after report on possible Apollo investment
    Frisco

    Intel shares rise after report on possible Apollo investment

    Intel (INTC) stock jumped in early trading Monday after Bloomberg reported on a possible multibillion-dollar investment from Apollo Global Management. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) The private equity firm would invest up to $5 billion in…

    Posted on Bronwen Cerys
    Intel receives billion-dollar Apollo offer while Qualcomm comes under fire
    Frisco

    Intel receives billion-dollar Apollo offer while Qualcomm comes under fire

    (Bloomberg) — Apollo Global Management Inc. has offered Intel Corp. a billion-dollar investment, people familiar with the matter said, signaling the chipmaker’s confidence in its turnaround strategy and offering an alternative to a potential takeover by larger rival Qualcomm Inc….

    Posted on Bronwen Cerys
    Intel shares rise after report on possible Apollo investment
    Tennessee

    Intel shares rise after reports of possible Apollo investment

    Intel (INTC) stock jumped in early trading Monday after Bloomberg reported on a possible multibillion-dollar investment from Apollo Global Management. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) The private equity firm would invest up to $5 billion in…

    Posted on Eira Gwyneth
    Intel finally brings good news to Wall Street
    Frisco

    Intel finally brings good news to Wall Street

    After a disastrous second-quarter earnings report in August that resulted in the worst trading day for the company’s stock in 40 years, Intel (INTC) CEO Pat Gelsinger finally has good news for Wall Street. On Monday, Gelsinger announced that Intel…

    Posted on Bronwen Cerys
    Intel converts foundry business into subsidiary and considers external financing
    Frisco

    Intel converts foundry business into subsidiary and considers external financing

    Intel CEO Pat Gelsinger holds a wafer sample during his keynote speech at the Computex conference in Taipei on June 4, 2024. AFP | Getty Images Intel Shares rose 8% in extended trading on Monday after the company announced it…

    Posted on Bronwen Cerys
    Intel director and tech industry veteran Lip-Bu Tan leaves the board of the struggling chipmaker
    Alabama

    Intel director and tech industry veteran Lip-Bu Tan leaves the board of the struggling chipmaker

    Intel director and tech industry veteran Lip-Bu Tan leaves the board of the struggling chipmaker Intel Director Lip-Bu Tana semiconductor industry veteran who was brought in two years ago to help the chipmaker make a comeback has resigned from the…

    Posted on Idris Bevan

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