Intel gets multibillion-dollar Apollo offer as Qualcomm circles
- Posted on September 24, 2024
- By Business News Today
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Intel gets multibillion-dollar Apollo offer as Qualcomm circles
Apollo Global Management has proposed a multibillion-dollar investment in Intel, providing an alternative to Qualcomm's potential takeover. This comes as Intel works on a turnaround strategy under CEO Pat Gelsinger. The proposal could change or fall apart, with Intel executives currently weighing the offer.
