Pratyush Lohumi’s Post

Apollo Global Management, a U.S.-based asset management company, has offered to invest up to $5 billion in Intel, according to Bloomberg. The proposal comes as Intel faces a challenging period, with its stock losing nearly 60% of its value this year. Intel is currently reviewing Apollo's offer, but talks are still in early stages and could fall through. Earlier this year, Apollo invested $11 billion for a 49% stake in Intel's new manufacturing facility in Ireland. Meanwhile, Qualcomm has also expressed interest in acquiring Intel, though discussions are in the initial phase and face significant challenges. #tech #innovation #markets #investing

Apollo Global Management has offered to make a multibillion-dollar investment in Intel, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy. bit.ly/3Bgf1ct The alternative asset manager has indicated in recent days it would be willing to make an equity-like investment of as much as $5 billion in Intel. Intel executives have been weighing Apollo’s proposal. Nothing has been finalized, the size of the potential investment could change and discussions could fall through, resulting in no deal. The development comes as California-based Qualcomm floats a friendly takeover of Intel, raising the prospect of one of the biggest-ever M&A deals. Read more: bit.ly/3Bgf1ct

U.S.-based asset management company Apollo Global Management, Inc. has proposed a potential investment of up to $5 billion in Intel Corporation. This development comes at a challenging time for Intel, as the company, once the world's most valuable chipmaker, has seen its shares decline by nearly 60 percent since the beginning of the year. Sources indicate that Intel executives are evaluating Apollo's offer, and discussions regarding the potential deal are in the early stages and have yet to be finalized. As my followers might recall, Apollo announced earlier this year that it would acquire a 49 percent equity interest in a joint venture associated with Intel's new manufacturing facility in Ireland for $11 billion. Nobody is talking about NVIDIA as a potential suitor, but I would be surprised if it has not started the due diligence process. #Investing #Finance #Economy #Sourcing #Markets #VentureCapital

❔ What will Intel Corporation do now? Are they interested in a vote of confidence investment from Apollo Global Management, Inc. or perhaps a friendly takeover by Qualcomm? Apollo offered to make a 𝗺𝘂𝗹𝘁𝗶𝗯𝗶𝗹𝗹𝗶𝗼𝗻-𝗱𝗼𝗹𝗹𝗮𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 in Intel, which may be seen as a vote of confidence in the turnaround strategy, Bloomberg reported. Meanwhile, Qualcomm proposed a 𝗳𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝘁𝗮𝗸𝗲𝗼𝘃𝗲𝗿 for Intel in recent days. Qualcomm's market cap is $188 billion while Intel's has slumped to $93 billion. It's interesting to note that Broadcom reportedly isn't evaluating an offer -- Broadcom shares are up 53% this year while Intel has tumbled 56%.

Intel is currently at a crossroads with significant interest from major players in the investment and tech sectors. Apollo Global Management has proposed an equity-like investment of up to $5 billion, which Bloomberg describes as a vote of confidence in Intel’s turnaround strategy. This comes amid reports that Qualcomm is considering a friendly takeover of Intel. Intel, once the leader in the semiconductor market, has faced challenges as it struggled to keep up with the rapid advancements in generative AI and competitors like Nvidia. The potential investment from Apollo and the takeover interest from Qualcomm highlight the strategic importance of Intel’s future direction. It will be interesting to see how Intel responds to these offers. Will they accept Apollo’s investment as a boost to their turnaround efforts, or will they consider Qualcomm’s takeover proposal? The decisions made in the coming weeks could significantly impact Intel’s position in the semiconductor industry. What are your thoughts on these developments? Do you think Intel should lean towards the investment from Apollo or consider the takeover by Qualcomm?

Sunday scoop: Alternative assets giant Apollo Global Management, Inc. has offered to make a multibillion-dollar investment in Intel Corporation in a move that would mark a major vote of confidence in the beleaguered chipmaker’s turnaround strategy. Apollo’s proposal comes as Intel is in the spotlight. Rival Qualcomm approached Intel recently about a potential friendly takeover. Bloomberg News story with Liana B. Baker and Ian King:

🚀 Intel in the Spotlight: #Apollo Eyes $5 Billion Investment! 🚀 #Apollo #Global Management is reportedly considering a massive $5 billion investment in #Intel, a potential lifeline as Intel faces a challenging year with its stock dropping nearly 60%. While discussions are still in the early stages, this could signal a significant shift for the tech giant. 💼 Strategic Moves: Apollo, having recently acquired a 49% stake in Intel’s Ireland manufacturing venture for $11 billion, is looking to deepen its involvement. 🏗️ #Qualcomm’s Interest: At the same time, Qualcomm is also exploring a possible acquisition, making Intel the center of attention for major players in the industry. 📉 Intel’s Struggles: After a tough market year, these investments could be key in reshaping Intel's future. Stay tuned—big changes may be on the horizon for #Intel and the #SemiconductorIndustry! #ApolloGlobalManagement #InvestmentNews #TechInvestments #Qualcomm #TechIndustry #Semiconductors #Intel

The price of Intel, the stock, as of the close of trading on Friday, April 26, 2024 is over 60% below its 52 week peak price of $51.28. Most investors will agree this drop is enormous (disclaimer: I invest in Intel stock and am currently trading a now worthless call option on it).   News broke yesterday yet another factor is likely prompting Intel investors to sell off: https://lnkd.in/eERg_B-D   Is not news Intel is in discussions to offload the capital cost burden for its recently completed Ireland semiconductor plant encouraging?   I vote no. Whereas Elon Musk did not proceed on an offer to purchase Twitter until he had lined up the backers he required to proceed, Intel under Pat Gelsinger reversed the process: committing to build not only the Ireland plant, but a similar plant in Germany, Israel and the US.   The Bloomberg story notes a precedent for Intel's current financing efforts: A deal struck with Brookfield Asset Management in 2022 to line up other people's money (OPM) to finance another already built plant, this one in the US state of Arizona. The 49% stake Brookfield Asset Management earned via its investment sounds like an authentic minority position, but when borrowers already locked into serious financial commitments go out to secure financing, is it not fair to say they are playing a weak hand? Might there be other incentives Intel will have to provide to KKR, Apollo and Stone Peak to close the deal?   I think there might be. What do other readers think?   #intel #privateequity #semiconductormanufacturing #apollo #kkr #stonepeak

In case you missed it. Intel Corporation is selling a 49% stake in its Irish Fab 34 plant to Apollo Global Management, Inc for $11 billion. This deal, part of Intel Corporation's "Smart Capital" program, aims to secure external funding for its factory expansion and alleviate financial strain. CEO Pat Gelsinger is leading efforts to revitalize Intel's product lineup and manufacturing capabilities. The transaction is expected to close in Q2 2024, with Fab 34 nearly complete and using advanced manufacturing technologies. This follows a similar $15 billion deal with Brookfield Asset Management for an Arizona plant. Despite these efforts, Intel Corporation's stock remains down 35% down YTD

𝗔𝗽𝗼𝗹𝗹𝗼 𝗚𝗹𝗼𝗯𝗮𝗹 𝗽𝗿𝗼𝗽𝗼𝘀𝗲𝘀 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗶𝗻 𝗰𝗵𝗶𝗽𝗺𝗮𝗸𝗲𝗿 𝗜𝗻𝘁𝗲𝗹 Apollo Global Management has proposed a $5 bn investment in Intel, indicating confidence in the chipmaker's turnaround strategy. 𝗜𝗻𝘁𝗲𝗹 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲𝘀 𝗮𝗿𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗶𝗻𝗴 𝗔𝗽𝗼𝗹𝗹𝗼’𝘀 𝗽𝗿𝗼𝗽𝗼𝘀𝗮𝗹 Apollo’s proposal could be use to restructure an equity investments. Discussions are ongoing, and no agreement has been finalised. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 Apollo's $5 bn investment proposal in Intel could be a game-changer for the chipmaker. If accepted, it could provide Intel with the resources it needs to accelerate and compete more effectively in the semiconductor industry. Rishabh Kale