Intel and Apollo Global Management are in exclusive talks for a $11bn deal to build a chip plant in Ireland.
Intel is in advanced talks with Apollo Global Management for a deal involving over $11bn in funding to build a chip manufacturing plant in Ireland. The two firms are in exclusive negotiations for the agreement, which could be finalized in the coming weeks. The potential partnership comes as governments invest in chip manufacturing to challenge China's dominance and reduce dependency on Asian suppliers.
May 13, 2024
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