Intel to ask Apple to invest as part of a comeback bid.
- Intel and Apple have also discussed ways to work more closely
- Talks are early and may not lead to an agreement.
HMMMM.
Remember
- Trump demands Intel CEO’s resignation
On August 7, 2025, former President Trump posted on Truth Social: “The CEO of INTEL is highly CONFLICTED and must resign, immediately.” He cited unspecified conflict of interest concerns. - Intel CEO responds / denies allegations
Intel CEO Lip-Bu Tan pushed back, calling some coverage “misinformation” and defending his ethics and track record.There were reports that Tan had investments in hundreds of Chinese companies — some with military links — which fueled the conflict claims. - Trump meets with Tan and softens tone
Around August 11, Trump met with Tan, calling the meeting “very interesting” and later referring to Tan’s career as an “amazing story.” - Government stake / policy positioning
In parallel, the U.S. government reportedly moved to acquire a roughly 10% stake in Intel, raising the political stakes. - Nvidia invests in Intel
Nvidia announced a $5 billion stake in Intel, becoming one of its largest shareholders.The collaboration aims to co-design chips combining Intel’s CPU know-how with Nvidia’s AI / GPU strength.
Now this story....
Shares of Intel are up 5.61% at $31.
I should have known. The insider deals. Of course, if Apple invested in Intel, that would please Trump who owns 10% of Intel now and perhaps get Trump off Apple's back for having overseas production.
Trump is the new Nancy Pelosi.
Meanwhile, the major indices are closing lower for the 2nd consecutive day.
The final numbers show:
- Dow industrial Average fell -171.50 points or -0.37%
- S&P fell -18.95 points or -0.28% at 6637.97
- Nasdaq index fell-75.62 points or -0.33% at 22497.86
The Nasdaq was down -176.48 points at session lows before rallying into the close.
