The Rundown Intel Seeks Investment from Apple, Starbucks Cuts 900 Corporate Staff
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Sep 25, 2025 The latest discussion dives into Intel's pursuit of investment from Apple, exploring the intriguing dynamics between the two tech giants. They also dissect the possible impact of this partnership on chip security and Apple's manufacturing strategies. Switching gears, Starbucks reveals significant corporate layoffs and store closures, alongside a major restructuring plan that aims to revitalize customer experience. Additionally, Instagram's impressive milestone of 3 billion monthly users highlights its staggering growth since inception.
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Intel Seeks Apple As Foundry Customer
- Intel is courting Apple for investment to secure customers and boost its foundry business.
- A partnership could reduce Apple's reliance on TSMC and advance U.S. chip manufacturing priorities.
U.S. Support Bolsters Intel's Comeback
- U.S. government and major firms are backing Intel to revive domestic chip manufacturing.
- NVIDIA and the Trump administration already invested to secure U.S. foundry capacity for advanced AI chips.
Cut Costs To Reinvest In Stores
- Starbucks will cut 900 corporate jobs and close about 1% of North American stores to free cash.
- The company plans to reinvest savings into store remodels and employee training to drive visits.