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Simon & Schuster“That fucking Putin,” Biden said to advisers in the Oval Office not long after Russia’s invasion of Ukraine, according to Woodward. “This is what Putin plans to do,” CIA Director Bill Burns said to Biden, according to Woodward. Woodward asked Trump aide Jason Miller whether Trump and Putin had spoken since he left the White House. I wouldn’t purport to speak to what President Trump may or may not have done,” Haines said, according to Woodward. As Trump framed his presidential campaign around fear, Woodward writes that Graham said of the former president: “Trump is becoming more erratic.
Persons: CNN —, Bob Woodward, Joe Biden’s, Benjamin Netanyahu, Vladimir Putin, Bibi Netanyahu, he’s, ” Biden, Woodward, Simon, Schuster, Putin, “ Putin, , Donald Trump’s, Putin –, Trump, Biden, Netanyahu, Hunter Biden’s, – Woodward, – Biden, , General Merrick Garland, Barack Obama’s, Barack, ’ Woodward, ” Woodward, Joe Biden, Brendan Smialowski, , Bill Burns, I’ve, Putin “, Volodymyr Zelensky, Kamala Harris, Harris, Zelensky, Alex Wong, Jake Sullivan, Lloyd Austin, ” Austin, Sergei Shoigu, ” Shoigu, “ Mr, ” Colin Kahl, Abbott, Putin —, Covid —, ” Putin, ” Trump, Donald Trump, Trump’s, Jason Miller, ” Miller, National Intelligence Avril Haines “, ” Haines, ‘ Trump, Sen, Lindsey Graham, ” Graham, Biden “, “ You’ve, you’ve, ” “, Graham, “ Trump, ” ‘ Bibi, Israel, ” Netanyahu, “ Bibi, ’ ” Biden, Saudi Arabia’s Crown Prince Mohammed bin Salman, State Anthony Blinken, Blinken, Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Evelyn Hockstein, Woodard, bin Salman, JAKE SULLIVAN, ” ‘, Garland ’, George W, Bush, Obama, Merrick Garland, ” Bush, Garland, Hunter Biden, “ Hunter, Biden —, ” Blinken, You’ve, that’s, Kevin Dietsch, ” Harris, Joe Manchin Organizations: CNN, Trump, Putin, White House, Villa, Grange, Getty, CIA, Munich Security Conference, , White, Pentagon, Russia, National Intelligence, South Carolina Republican, Iranian Revolutionary Guard Corps, Iran, Saudi Arabia’s Crown, State, MBS, Saudi Crown, South, Saudi, “ TRUMP, Biden, intel, Justice Department, Democratic Party, Democratic, Democratic National Convention, United Center Locations: Gaza, Ukraine, Afghanistan, Crimea, Russia, Geneva, AFP, , Washington , DC, Russian, United States, Helsinki, North Korea, , Israel, Rafah, Syria, Iran, Saudi Arabia, Jordan, Beirut, Ula, Saudi, Palestinian, South Carolina, Chicago
Trump on PutinIn public, Trump has said he got along well with Russian President Vladimir Putin and that Putin deferred to him after Trump warned Putin not to invade Ukraine. Then-President Donald Trump and Russia President Vladimir Putin arrive for a meeting in Helsinki on July 16, 2018. “No, no,” Putin said, according to Woodward’s book. Biden and Harris on NetanyahuThe Biden administration has tried to maintain its support for Israel while also diplomatically expressing frustration with Israel’s leader, Prime Minister Benjamin Netanyahu. “And the answer to that question is yes.”Lots of f-bombsThe unvarnished view at the White House includes more curse words, according to the Woodward book.
Persons: Joe Biden, Barack Obama, Biden, Bob Woodward –, CNN’s Jamie Gangel, Jeremy Herb, Elizabeth Stuart, Merrick Garland, Woodward, that’s, Trump, Vladimir Putin, Putin, Elon Musk, , Vladimir, , Donald Trump, Brendan Smialowski, ” Putin, ” Woodward, Trump’s, Harris, Netanyahu, Benjamin Netanyahu, Kamala Harris, ” Harris, ” Biden, Elizabeth Frantz, George W, Bush, Volodymyr Zelensky, Obama, Organizations: CNN, Affordable, Trump, Putin, Russia, Getty, Israel, CBS News, White, Israeli, intel, United Nations, Ukrainian Locations: Saudi, Ukraine, Helsinki, AFP, Beirut, Woodward, Washington , DC, Afghanistan, Iraq, Munich, Crimea
View at Amazon What we like Check mark icon A check mark. Multi-day battery lifeCheck mark icon A check mark. Durable, rugged designCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: Apple, Max Organizations: Business, Prime, Deal, Apple, Amazon, Apple Watch
TSMC has high power usage, and Taiwan's tight electricity supply will test its chip production. TSMC aims for net zero emissions by 2050, but renewable energy growth faces hurdles. The surge in energy consumption last year is likely due to the increase in 3nm semiconductor production, the analysts said. In 2021, TSMC announced a commitment to reach net zero emissions by 2050 through a combination of renewable energy certificates and power purchase agreements. Adding renewable energy supplies would help alleviate this problem, although the island's geography makes it difficult to increase solar and wind power sources.
Persons: TSMC, Organizations: Service, P, Micron, Intel Locations: TSMC, Phoenix
The strike led to fears of a potential escalation in Russian attacks on the Black Sea grain corridor. But according to the UK MOD, it was likely an error caused by poor procedures and aging munition. Tonight, Russia launched a strike on an ordinary civilian vessel in the Black Sea right after it left Ukrainian territorial waters. Related storiesSince its exit from the Black Sea grain initiative, Russia's attacks on Ukrainian naval export abilities have been largely limited to striking ports, and — it's widely believed — dropping naval mines. Despite the potential for economic warfare, Russia has good reason to avoid escalating the threat to shipping in the Black Sea, Ambrey wrote.
Persons: , Saint, nNCqNDVfJV, Volodymyr Zelenskyy, Aya, Ambrey, Володимир Зеленський Organizations: MOD, Service, UK Ministry of Defence, Foreign Relations Locations: Ukraine, Egypt, Russian, Saint Kitts, Nevis, Ukraine's, Odesa, Romania's, Russia, Ukrainian, Sevastopol, Crimea, Novorossiysk
Miller's team compared AI's growth with past tech waves, finding consistent growth rates. In fact, the generative-AI wave looks a lot more like past tech waves than its revolutionary capabilities would suggest. That "rule of three" theory puts the value of the AI wave at about $20 trillion. Miller likened the AI wave to the mobile wave in about 2009, when there were few applications for the iPhone. "So the question is if compute is the primary underlying driver of economic activity, economic growth, economic opportunity, then there's an argument that it's actually bigger."
Persons: Ben Miller, Miller, Nvidia wouldn't, , Jensen Huang, Everybody's, Anthropic's Claude, Fundrise, shortsighted, it's, We'll, they're Organizations: Nvidia, Service, Cisco, Intel, Business, Adobe, AMD, Meta, Microsoft, Bloomberg, IDC
Business Insider's personal finance team compared Municipal Credit Union personal loans to the best personal loans and found it to be a standard offering. Municipal Credit Union Personal Loan OverviewMunicipal Credit Union Personal Loan Check rates Compare loan options and get your rates today. MCU Personal Loan AlternativesMCU Personal Loans vs. First Tech Personal LoansWhile Municipal Credit Union limits membership to those in the New York area, First Tech Personal Loan Federal Credit Union doesn't have such geographical restrictions. First Tech Credit Union Personal Loan ReviewNavy Federal Personal LoansYou can get the smallest loan amount with Navy Federal Credit Union Personal Loan, as the credit union offers loans as small as $250, whereas MCU only permits loans as low as $1,000. See our ratings methodology for personal loans »Ryan Wangman, CEPF Loans Reporter Ryan Wangman was a reporter at Personal Finance Insider reporting on personal loans, student loans, student loan refinancing, debt consolidation, auto loans, RV loans, and boat loans.
Persons: that's, MCU, Ryan Wangman, Read, Elias Shaya, Elias, Kerri Anne Renzulli Organizations: Municipal Credit Union, Municipal Credit, Municipal, New, Big Apple, Social Security, Loan Federal Credit Union, Financial, Amazon, Intel, Microsoft, First Tech, Tech, Loan, Navy Federal Credit, Navy Federal, Department of Defense, Better Business Bureau, BBB, Apple, Google, Chevron, Credit Union, Finance, Northwestern University, Boston Globe Locations: New York City, New York, MCU, Oregon
AdvertisementThe biggest player in non-bank loans has set a massive new goal for itself: more than doubling its $562 billion private lending business to $1.2 trillion in five years. At $1.2 trillion, Apollo will manage as much in loans as JPMorgan Chase last year, according to data tracker Statista. Apollo plans to more than double both its private credit and equity businesses by 2029, which would bring total assets under management to roughly $1.5 trillion. At its last investor day in 2023, it set a goal to hit $1 trillion in total assets under management, including private loans, by 2026. AdvertisementHere's how Apollo plans to grow to over $1 trillion in private lending alone.
Persons: Marc Rowan, , Blackstone, Rowan, John Zito, JPMorgan Chase, Jamie Dimon Organizations: Service, KKR, Apollo's AG InBev, InBev, Intel, Apollo, JPMorgan
Ukraine has used long-range drones to strike multiple ammunition depots inside Russia this month. AdvertisementRussia maintains an extensive air-defense network, but it hasn't been able to stop Ukraine from using its long-range drones to strike deep, according to a new Western intelligence update. Ukraine said its long-range drones managed to bypass Russia's air defenses and strike an ammunition depot in the Volgograd region over the weekend, marking Kyiv's latest attack. Russia's inability to repel long-range Ukrainian attacks is nothing new, though. Kyiv has relied heavily on locally produced drones to wage this campaign because it is restricted from using Western-provided missiles to strike Russian territory.
Persons: , hasn't Organizations: Service, Institute for Locations: Ukraine, Russia, Moscow, Volgograd, Russian, Tver, Kyiv
Ukraine struck three ammunition depots deep inside Russia this month, causing significant damage. According to UK intel, the strikes caused the largest loss of Russian and North Korean ammo in the war. AdvertisementRecent Ukrainian strikes on Russian arms depots caused the largest loss of Russian and North Korean ammunition recorded so far in the Ukraine war, according to British intelligence. "The total tonnage of ammunition destroyed across the three sites represents the largest loss of Russian and North Korean-supplied ammunition during the war," the MOD said. It said that the "major" strikes in close succession showed that Russia is still struggling against Ukrainian drones used in deep-strike operations inside Russia.
Persons: , ATACMS, Josep Borrell, Joe Biden Organizations: intel, UK Ministry of Defence, Service, UK's Ministry of Defence, MOD, Pentagon, Russian, Republicans, Institute for Locations: Ukraine, Russia, Tver, Krasnodar Krai, Russian, Russia Ukraine
Some of it had to do with the old joke being that Best Buy was nothing but an Amazon showroom. CEO Corie Barry is a no-nonsense heavyweight who mastered the supply chain for Best Buy during the pandemic. As the JPMorgan recent upgrade on Best Buy said, most investors don't realize how awful this period has been for Best Buy. It doesn't hurt, of course that Best Buy has a substantial dividend — 3.68%, down from 4% and 5% when we were buying it. We have watched Eaton and Dover go higher and that was without the rate cycle, just with the data center.
Persons: Stanley Black, Decker, , couldn't, Corie Barry, Barry, don't, It's, Stanley, Trump, Helene, Hock Tan, Marc Benioff, Mike Sievert, Blackwell, Jim Cramer's, Jim Cramer, Jim, Melissa Repko Organizations: Empire, Circuit, Intel, HP Inc, HP, JPMorgan, Williams, Dick's Sporting Goods, Abercrombie, Fitch, Depot, Procter, Gamble, Linde, Honeywell, Quantum Computing, Tech, Broadcom, VMWare, Elon, Mobile, Nvidia, Jim Cramer's Charitable, CNBC, Microsoft Locations: Sonoma, Covid, China, Lowe's, Eaton, Dover, San Francisco, Secaucus, N.J
SoftBank founder Masayoshi Son has spent his life putting bold bets on the future of technology. SoftBank, the media-technology conglomerate Son founded two decades prior, was riding high on the glory it attained in the dot-com boom. He was told he was special," Barber told BI. "He wants to be seen as the great modernizer transforming this petrostate into a truly modern economy where technology is at the forefront," Barber told BI. But as previous cycles in Son's life dictate, the flurry of enthusiasm is typically followed by failure.
Persons: Masayoshi Son, Lionel Barber, , Son, Bill Gates, Masa —, Uber, Barber, Vladimir Putin, Barack Obama, — he's, Jack Ma's Alibaba, Wang, he's, Napoleon Bonaparte, Genghis Khan, Qin Shi Huang, Emperor of, Microsoft's Gates, Jordan Strauss, Mitsunori, SoftBank, Rupert Murdoch, Larry Ellison, Jack Welch, Steve Jobs, Masayoshi, Justin Sullivan, Rajeev Misra, Nikesh Arora, Phil McCarten, Abu Dhabi's Mubadala, Mohammed bin Salman, Saudi, Michael Moritz, Kim Jong, Adam Neumann, Donald Trump, Wirecard, Jesus, NurPhoto, He's, Allen Lane Organizations: Service, Financial Times, Kremlin, Yahoo, Popular Electronics, Vision, Deutsche Bank, Google, Reuters, Saudi Arabia's Public Investment Fund, Vision Fund, Valley's, Sequoia Capital, Greensill, Nvidia, Signal Publishers Locations: Tokyo's Roppongi, Japan, Masayoshi, Washington, Wayne, Emperor of China, Kyushu, United States, Riyadh, Berkeley, Las Vegas
Deals valued at $1 billion-plus worldwide are up 22% from a year ago, LSEG data shows. Wall Street executives have been bullish about the burgeoning pipeline for deals. AdvertisementFor Wall Street deal makers, the billion-dollar bangers are back. So what has revived what Wall Street refers to as the "animal spirits," at least when it comes to bigger targets? Other Wall Street bank chieftains, like Ted Pick of Morgan Stanley and Peter Orszag of Lazard, have been bullish about the M&A pipeline.
Persons: , Mars, David Solomon, Goldman Sachs, Solomon, we've, AlphaSense, Ted Pick, Morgan Stanley, Peter Orszag, Hernan Cristerna Organizations: Verizon, Qualcomm, Wall Street, Service, Paramount Global, CBS, Nickelodeon, Verizon Communications, Frontier Communications, Intel, Wall, Lazard, KPMG, Bloomberg Locations: Ukraine
Kupol, Almaz-Antey and the Russian defense ministry did not respond to requests for comment for this article. He said more information was needed to establish that China was playing host to production of Russian military drones. "China cannot continue to fuel the largest conflict in Europe since the Second World War without this impacting its interests and reputation." "We are extremely concerned by reports that Russia is producing military drones in China," a spokesperson said. Beijing has repeatedly denied that China or Chinese companies have supplied Russia with weapons for use in Ukraine, saying the country remains neutral.
Persons: Russian Federation Manuel Augusto Moreno, IEMZ, Kupol, Fabian Hinz, Samuel Bendett, Farah Dakhlallah, Kupol's Organizations: Russian Federation, Ukraine, Reuters, International Institute for Strategic Studies, Center, New, New American Security, White House National Security Council, NATO Locations: People's Republic of China, Russia, China, Russian, Ukraine, Beijing, London, New American, Washington, U.S, Europe, Kupol, Izhevsk
Micron has seized the limelight in the AI space after its latest earnings report. AdvertisementMicron is stealing the show in the AI space — at least for now — as investors bask in its latest earnings results. Though its year-to-date gains have badly lagged other AI behemoths like Nvidia, Micron shares rose as much as 20%. Trading volume jumped to 42.5 million mid-day Thursday, outpacing interest in other firms in the AI space, like Intel, Tesla, and Palantir. Bank of America raised its price target for Micron to $125 a share, implying over 30% upside.
Persons: , Rosenblatt, William Kerwin, David Morrison Organizations: Micron, Wall Street, Service, Nvidia, Intel, Micro Computer, Tesla, Bank of America, MU, Morningstar, Bloomberg, Nasdaq, Micron Technology, Trade Nation Locations: New York
Super Micro Computer shares fell more than 15% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom. Super Micro makes computers that companies use as servers for websites, data storage and other applications, including AI algorithms. A prosecutor in the U.S. attorney's office in San Francisco has asked for information about a former employee who has previously accused Super Micro of accounting violations, according to the Journal. Following Hindenburg's report in August, Super Micro said it would not file its annual report for the fiscal year with the U.S. Securities and Exchange Commission on time, sending shares tumbling nearly 20%. Super Micro declined to comment.
Persons: Hindenburg Organizations: Micro Computer, Justice Department, Wall Street Journal, Hindenburg Research, CNBC, Nvidia, AMD, Intel, Super, U.S . Securities, Exchange Commission, Department of Justice Locations: U.S, San Francisco
The outcome of November's presidential election could have major implications for some popular technology stocks. Meanwhile, a victory by Vice President Kamala Harris may lead to tighter AI regulations focused on safety, ethics and protecting consumers. AI chip giant Nvidia is another likely winner in both split scenarios and a Republican sweep. Heightened antitrust controls over Google and its local search monopoly in a Democrat sweep and split Harris government should also benefit shares of Yelp down 27% this year. Republican sweep Raymond James views Salesforce as a potential big winner in a Republican sweep, noting that "more favorable" corporate tax rates should benefit cyclical software names.
Persons: Raymond James, Donald Trump, Trump, Ed Mills, Kamala Harris, Mills, Harris, Melissa Fairbanks, John Davis, Andrew Marok, bode, Salesforce, Davis, Datadog, Adam Tindle, Josh Beck Organizations: Democrat, Veeva Systems, Flex, Visa, Democratic, Republican, Trump, Republican Senate, Microsoft, Nvidia, Verizon, U.S, Google, Apple, Texas, Intel, Qualcomm, Apollo Global Management, Arista Networks Locations: China, Washington, outperformance, Saudi Arabia, Yelp
As things stand, Intel is the only US chip firm with plants, known as fabs, that are capable of making advanced semiconductors. TSMC is set to open a fab in Arizona next year, while reports suggest Sam Altman is seeking to raise funds to create chip manufacturing plants. Intel's customers in China include Alibaba and TikTok parent company ByteDance, which have been subject to scrutiny from the US government. "Intel's ties to key businesses in China are typical for a high-tech firm," he said. As Intel and the US consider plans to increase manufacturing capacity at home, the company's China ties will loom large in the global chip race.
Persons: , Joe Biden, Biden, Forrester's, Alvin Nguyen, HWA CHENG, Sam Altman, Pat Gelsinger, Gelsinger, Forrester's Nguyen, it's, Stacy Rasgon, Bernstein, Rasgon Organizations: Service, Intel, Business, Qualcomm, Street Journal, Bloomberg, China Intel, HWA, Getty, Nvidia, AMD, New York Times, The Times, South Korea's SK Hynix, Intel Capital, Financial, Financial Times, Yahoo Locations: chipmaking, Washington, Intel's Arizona, China, AFP, Taiwan, Arizona , New Mexico, Oregon, Arizona, Chengdu, Dalian, South, Beijing
In today's big story, why you should care about a potential Intel-Qualcomm deal , even if it might not work. Getting all that varied experience has proved particularly beneficial for TSMC in the age of cutting-edge mobile and AI chips. The US needs Intel to keep (and get better at) manufacturing chips. The problem with that is that this manufacturing business would have almost no customers, and would fall even further behind TSMC. Experts seem incredibly skeptical about a Qualcomm deal going through.
Persons: , Jamie Dimon, Moneyball, Rupert Murdoch's, Chelsea Jia Feng, I'm, it's, Palantir alums, Jamie Dimon Tom Williams, he's, Goldman Sachs, Chelsea JIa Feng, ChatGPT, Vinod Khosla, Chris Gash, Lachlan Murdoch, Murdoch, Lachlan's, Caroline Ellison, Biden, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Milan Sehmbi, Amanda Yen Organizations: Service, Intel, Qualcomm, Business, Tech, Getty, TSMC, Inc, JPMorgan, Bank of America, Big Tech, Web Services, Employees, Bloomberg Global Business Forum, FAA, OPEC, Oil Locations: Taiwan, China, San Francisco, Nevada, New York, London
Why all eyes are on Intel now
  + stars: | 2024-09-24 | by ( Helen Li | ) www.businessinsider.com   time to read: +8 min
Read previewOnce a Silicon Valley leader, Intel has been a staple of the computer chip-making business for decades. Even if Qualcomm acquired Intel, it's unclear what it would do with its manufacturing operations. Which Intel lacked," tweeted Bryan Catanzaro, vice president of applied deep learning research at Nvidia, who previously worked at Intel as an intern on the Larrabee project. The CPUs that made Intel big now have presented what Logan Purk, senior analyst at Edward Jones, called "the inventor's dilemma," when newer technology replaces established incumbents. Mobile chipmaker Qualcomm approached Intel to acquire its chip-designing business and, later, a merger deal, Reuters and the Journal reported, respectively.
Persons: , Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, chipmaker, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Mobile chipmaker, Dan Morgan, Morgan Organizations: Service, Intel, Business, Wall, Journal, Qualcomm, VMware, Bernstein Research, Atlantic, Apple, Microsoft, Systems, Habana Labs, Nvidia, Companies, AMD, Samsung, Mobile, Mobile chipmaker Qualcomm, Reuters, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiggest impediment to any acquisition for Intel is regulatory approval, says Wolfe's Chris CasoChris Caso, Wolfe Research senior analyst, joins 'Squawk Box' to discuss the various interest in Intel, what to make of Qualcomm's potential takeover and Apollo's investment in the company, the challenges facing Intel, and more.
Persons: Wolfe's Chris Caso Chris Caso Organizations: Intel, Wolfe Research
“The (US intelligence community) considers AI a malign influence accelerant, not yet a revolutionary influence tool,” an ODNI official told reporters. Iran, for example, has used AI to generate content in Spanish about immigration, which Tehran perceives as a divisive US political issue, the ODNI official said. Russia has generated the most AI content related to the US election of any foreign power, according to the ODNI official. Foreign operatives have also embraced plenty of old-school influence techniques this election cycle, such as staging videos rather than generating them with AI. This isn’t the first general US election where foreign powers have considered deploying AI capabilities.
Persons: , Donald Trump’s, Kamala Harris ’, Harris, Donald Trump, Organizations: CNN, National Intelligence, Foreign, Microsoft, Ukraine Locations: Russia, Iran, Tehran, Israel, Gaza, China, San Francisco, Russian
CNBC confirmed on Friday that Qualcomm had recently approached Intel about a takeover. Ciena – The networking software maker added more than 4% after a double upgrade by Citigroup to buy from sell cited an improving landscape in the broader telecommunications/cable industry. The bank sees bookings growth heading into next year. The bank sees an increasing relevance of the platform among users and expects strong revenue growth over the next few years. Palantir – The maker of software platforms to help companies analyze data declined more than 1%.
Persons: Ciena, Morgan Stanley, Palantir, Raymond James, Harlan Sur, , Samantha Subin, Sarah Min, Pia Singh Organizations: Intel, Apollo Global Management, Bloomberg, CNBC, Qualcomm, Citigroup, Constellation Energy, Microsoft, Deutsche Bank, General Motors, Chevrolet, Micron Technology, JPMorgan Locations: Pennsylvania, The Boise , Idaho
Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker's earnings, which are expected Wednesday after market close. Monday's gain put the stock on track for its biggest advance since Aug. 28, when it popped 9%. Ulta — The cosmetics stock lost more than 3% after a downgrade to hold from buy at TD Cowen. Biohaven — Shares surged 12% after the clinical-stage pharma company announced positive trial data for its drug treating spinocerebellar ataxia known as troriluzole. Intel — Shares of the struggling chipmaker climbed 2.4% after Bloomberg News reported on Sunday that Apollo Global Management proposed to make a multibillion-dollar investment in Intel.
Persons: Harlan Sur, General Motors, Bernstein, Cowen, troriluzole, Ciena, Jesse Pound, Alex Harring, Samantha Subin, Sean Conlon Organizations: Micron Technology, Micron, JPMorgan, Tesla, Barclays, U.S . Army, General, pharma, Intel —, Bloomberg, Apollo Global Management, Intel, CNBC, Qualcomm, Citi
Apollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports. It follows a separate report that Qualcomm approached Intel about a potential takeover. Go to newsletter preferences Thanks for signing up! AdvertisementIntel could be getting a capital injection of up to $5 billion from asset management powerhouse Apollo Global Management, Bloomberg reported on Sunday. According to the report, the "equity-like" investment is still under discussion, and no deal has been finalized.
Persons: Organizations: Apollo Global Management, Intel, Bloomberg, Qualcomm, Service, Business
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