Catenaa, Thursday, September 25, 2025- Intel has approached Apple about securing an investment in the ailing chipmaker, Bloomberg reported on Thursday, as part of efforts to bolster its business.
Apple and Intel have also discussed how to work more closely together. The talks have been early-stage and may not lead to an agreement, according to the report.
Shares of Intel rose over 2% on Thursday morning. The stock has gained by over 29% since August 25 as various parties, including the US government, announced their investments in the chipmaker.
Nvidia announced a $5 billion investment last week to work with Intel on chips for personal computers and data centers. SoftBank Group, the Japanese tech giant seeking to expand further in the US, announced a $2 billion investment in Intel last month.
Intel has also reached out to other companies about potential investments and partnerships, the Bloomberg report said.
A deal with Apple, a longtime Intel customer that switched to in-house processors in the past five years, would represent further validation of the chipmaker’s turnaround bid.
Still, it’s unlikely that Apple would switch back to Intel processors in its devices. The iPhone maker’s most sophisticated chips are now produced by partner Taiwan Semiconductor Manufacturing.
Intel Chief Executive Officer Lip-Bu Tan is attempting a comeback with the backing of the federal government. In an unconventional deal brokered by the Trump administration in August, the US acquired a roughly 10% stake in the chipmaker. Intel is seen as a critical piece of efforts to reinvigorate domestic production, a priority for the White House.
Even with financial support, Intel’s challenges remain daunting. The Santa Clara, California-based company has lost its long-held technological edge and ceded market share to rivals such as Advanced Micro Devices(AMD).
Moreover, Intel has struggled to capitalize on booming sales of artificial intelligence gear, a specialty of Nvidia.
