Bloomberg Businessweek

Intel Said to Seek Apple Investment as Part of Comeback Bid

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Sep 24, 2025
Chris Nicholas, President and CEO of Sam's Club, dives into retail trends and how AI is enhancing operations. He shares insights on managing tariffs and preparing for the holiday rush. Lane Dilg, formerly with OpenAI, discusses AI partnerships and the growing demand for compute, while questioning if the current funding boom is sustainable. Lori Kerr, CEO of FinDev Canada, addresses the impact of reduced U.S. aid and emphasizes the importance of development finance in climate and gender-focused investments.
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INSIGHT

Intel Seeks Strategic Backers

  • Intel is actively courting strategic investors as part of a publicized comeback effort backed by the U.S. government stake.
  • The outreach to Apple is more about signaling seriousness and securing partners than expecting Apple to return to Intel CPUs.
INSIGHT

Funding Follows Compute And Policy

  • Intel's fundraising push follows big recent investments from Nvidia and SoftBank plus government ownership.
  • The moves frame Intel's revival as a coordinated effort across private and public backers to secure its future.
INSIGHT

Apple's Role Is Strategic, Not Technical

  • Apple no longer needs Intel for device processors, so any Apple investment is strategic rather than product-driven.
  • Ryan Gould frames Intel as the company seeking validation and partners, not Apple needing Intel.
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